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Which of the Following Factors Is NOT Part of the Definition

Question 25

Multiple Choice

Which of the following factors is NOT part of the definition of market value?


A) Payment is made in terms of cash in U.S.dollars or a comparable financial arrangement
B) The property has been on the open market for less than a year
C) Buyer and seller are typically motivated
D) Price is not affected by special or creative financing

Correct Answer:

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