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Sagot :
In the most commonly used land appraisal form, shape is not one of the line items that are listed for adjustment.
What is land appraisal?
Creating a value opinion for real property is known as real estate appraisal, property valuation, or land valuation (usually market value). Unlike corporate stocks, which are exchanged everyday and are identical, real estate transactions are uncommon and each property is unique (especially their condition, a crucial determinant in valuation). As a result, real estate transactions usually require evaluations. Another important factor in valuation is the location. However, as real estate cannot be moved, its value is frequently affected by renovations or enhancements made to the house. Mortgage loans, resolving estates and divorces, paying taxes, and other financial transactions all depend on appraisal reports. An appraisal report may occasionally be used to determine a property's sale price.
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