Property Valuation
Effective age differs from actual age in that effective age is:
AThe number of years since the building was constructed
BThe age suggested by the building's condition and utility✓ Correct
CAlways older than the actual age
DDetermined by the county assessor
Explanation
Effective age reflects a building's apparent age based on its condition and remaining economic life, which may differ from its actual (chronological) age.
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