Property Valuation (alternative)
The principle of anticipation in Maryland real estate means that:
AProperties must be appraised one year in advance of sale
BValue is influenced by the expectation of future benefits the property will provide✓ Correct
CAppraisers must anticipate all future repairs
DMarket value cannot decrease once established
Explanation
The principle of anticipation holds that present value is influenced by expected future benefits—buyers pay for what they expect the property to provide in the future, not just its current state.
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