Property Valuation
An 'as-is' appraisal value for a NC property with deferred maintenance reflects:
AThe value assuming all deferred maintenance is completed
BThe current market value with the property in its present, unrepaired condition✓ Correct
COnly the land value
DThe replacement cost of the building
Explanation
An 'as-is' appraisal values the property in its current condition, accounting for all visible defects, deferred maintenance, and other issues that affect value without assuming any repairs.
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