Property Valuation
A North Dakota property with an irregular shape or limited access might be subject to which type of valuation adjustment?
APositive adjustment for uniqueness
BNegative adjustment for functional limitations that reduce marketability✓ Correct
CNo adjustment; irregular shapes have no impact on value
DAutomatic condemnation by the county
Explanation
Irregular shapes, limited access (landlocked parcels), or other physical limitations that reduce a property's utility and marketability result in negative value adjustments. Buyers typically discount such properties relative to comparably sized regular parcels with full street access.
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