Question: A single-family property located in an industrial area has minimum value because of the principal of a. conformity. b. competition. c. contribution. d. diminishing returns.
According to Real Estate Ninja, the correct answer is: conformity
gpt-4:
Real Estate Ninja
https://realestateexamninja.com/california-real-estate-practice-exam/
APPRAISING SINGLE FAMILY RESIDENCES AND SMALL MULTI-FAMILY DWELLINGS
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