Property Valuation
In the sales comparison approach, what is a 'negative adjustment' to a comparable sale?
AAn adjustment that increases the comp's adjusted sale price
BAn adjustment subtracted from the comparable's price because the comp is superior to the subject in some feature✓ Correct
CAn adjustment for negative neighborhood characteristics
DA reduction for properties sold at a discount
Explanation
In the sales comparison approach, adjustments correct for differences between the comparable and the subject. If the comparable is superior (e.g., has a pool the subject lacks), a negative adjustment is subtracted from the comparable's price. If the comparable is inferior, a positive adjustment is added.
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