Property Valuation
A Missouri appraisal using 'extraordinary assumption' means:
AThe appraisal is extraordinary in its detail
BThe appraiser assumes an uncertain fact to be true (e.g., that permits are in place) affecting the value✓ Correct
CThe appraiser is certified at the highest level
DThe value is higher than expected
Explanation
An extraordinary assumption is an assumption about an uncertain fact that the appraiser treats as true for the purpose of the appraisal. If the assumption is wrong, the value opinion could change.
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