Property Valuation
In the sales comparison approach, the appraiser makes adjustments to comparable sales for which of the following?
AThe subject property's replacement cost
BPhysical, location, time, and transactional differences between comparables and the subject✓ Correct
CThe comparable's capitalization rate
DThe subject property's income potential
Explanation
Adjustments in the sales comparison approach account for differences in physical features (size, condition, amenities), location, market conditions over time, and transactional terms between comparables and the subject.
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