Property Valuation
The principle of conformity states that:
AAll properties in a neighborhood must look identical
BProperty values are maximized when they are in harmony with surrounding properties✓ Correct
CImprovements must conform to local building codes
DProperty assessments must conform to market values
Explanation
The principle of conformity holds that property values are maximized when properties are in reasonable harmony with their surroundings in terms of use, design, and size. A residential house that conforms to its neighborhood typically achieves maximum value.
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