Hypothetical Condition in Real Estate Appraisal: A Comprehensive Guide
I. Introduction A. Understanding the Significance of Hypothetical Conditions In the realm of professional appraisal practice, the comprehension of hypothetical conditions is foundational. These conditions, often clarified through extraordinary assumptions, serve as vital components in the standards of professional appraisal. Appraisers rely on these principles to produce accurate appraisal reports, particularly when evaluating the value…