Property Valuation
What is a comparative market analysis (CMA) in Kansas real estate?
AA formal appraisal performed by a licensed appraiser
BAn estimate of property value prepared by an agent using recent comparable sales✓ Correct
CA government tax assessment report
DA structural inspection report
Explanation
A CMA is an estimate of a property's market value prepared by a real estate agent using recent sales of comparable properties. It is not a formal appraisal.
Related Kansas Property Valuation Questions
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