Property Valuation
In NC, an appraiser who values a property for a divorce settlement would be performing a(n):
AForward-looking prospective appraisal
BRetrospective or current market value appraisal for legal purposes✓ Correct
CInsurance replacement cost appraisal
DPortfolio appraisal
Explanation
Divorce appraisals are market value appraisals prepared as of a specific date (current or a past date per court order) to determine the fair market value of marital real property for equitable distribution.
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