Property Valuation
The principle of contribution in Utah appraisal states that the value of any component is:
AEqual to its cost of installation
BMeasured by the amount it adds to the whole property's value✓ Correct
CDetermined by the county assessor
DAlways equal to its replacement cost
Explanation
The principle of contribution says the value of any property component is measured by how much it contributes to the whole property's market value, not by what it cost to install.
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