Question: When using the sales comparison approach, no two properties are exact substitutes for each other. Therefore, adjustments are made to the property value. Which of

When using the sales comparison approach, no two properties are exact substitutes for each other. Therefore, adjustments are made to the property value. Which of the following value adjustments considered transactional adjustments?

I. Property rights fully conveyed to new owner.

.

Expenditures made immediately after the purchase.

III. Physical characteristics of the property.

I and II

I and III

II and III

I, II

,

III

When using the sales comparison approach, no two properties are exact

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