Property Valuation
In the sales comparison approach, a 'time adjustment' is made when:
AThe comparable is in the same neighborhood as the subject
BThe comparable sold months or years ago, when market conditions differed from today✓ Correct
CThe comparable has a different number of bedrooms
DThe comparable has a different garage size
Explanation
A time adjustment (or market conditions adjustment) accounts for changes in property values between the date a comparable sold and the current date, ensuring fair comparison to present market conditions.
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