Property Valuation
The principle of conformity in real estate value states that:
AAll homes in a subdivision must have the same floor plan
BMaximum value is achieved when properties in an area are similar in use, style, and quality✓ Correct
CProperties must conform to zoning before they can be appraised
DAppraisers must use only standard forms
Explanation
The principle of conformity holds that a property achieves maximum value when it is in conformity with surrounding properties in terms of use, design, and quality.
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