Property Valuation
The 'before and after' method is used in which appraisal situation?
AComparing a property's value before and after renovation
BValuing the portion of a property taken through a partial taking (condemnation)✓ Correct
CComparing a property's value before and after a market downturn
DAnalyzing a property's value before and after a lease expires
Explanation
The before and after method is used in partial taking (condemnation) cases. The appraiser determines the value of the entire property before the taking and after the taking, with the difference representing the just compensation owed to the owner.
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