Property Valuation
Reconciliation in the appraisal process refers to:
AAdjusting comparable sales for differences from the subject
BThe process of weighing and combining the value indications from different approaches✓ Correct
CVerifying that the property tax assessment is accurate
DConfirming that all comparables used are arm's-length transactions
Explanation
Reconciliation is the final step in the appraisal process where the appraiser weighs the value indications from the approaches used (sales comparison, cost, income) and arrives at a single final value estimate based on the most reliable data.
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