Property Valuation
An appraiser in Montana calculating 'effective age' of a building considers:
AThe chronological age since construction only
BThe age reflected by the building's condition and maintenance, which may differ from its actual age✓ Correct
CThe age stated in county tax records
DThe age of the original building permit only
Explanation
Effective age reflects the building's actual condition rather than its calendar age. A well-maintained 40-year-old building may have an effective age of 20 years, while a poorly maintained 10-year-old building may have an effective age of 25 years.
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