Property Valuation
The principle of conformity holds that property value is maximized when:
AThe property is unique and unlike its neighbors
BProperties in the area are similar in type, style, and use✓ Correct
CThe property conforms to the owner's personal tastes
DThe property is the most expensive in the neighborhood
Explanation
The principle of conformity states that properties achieve maximum value when they are similar in type, style, and use to surrounding properties. Over-improvement or under-improvement can reduce value.
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