Property Valuation
The principle of conformity holds that property values are maximized when:
AThe property is the most expensive home in the neighborhood
BProperties in a neighborhood are similar in style, size, and use✓ Correct
CA property's use conforms to its zoning designation
DThe seller and buyer agree on a price without negotiation
Explanation
The principle of conformity states that a property achieves its maximum value when it is located in a neighborhood of similar, compatible properties, avoiding the extremes of regression or progression.
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