reececanon5235 reececanon5235
  • 13-02-2024
  • Business
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__ __ _______ applies when a higher-priced property is constructed in an area of lower-priced properties. The higher priced property will REGRESS in value toward the level of less expensive properties in the area.

a) Appreciation Principle
b) Regression Principle
c) Property Depreciation
d) Market Adjustment

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