Gross Adjustment |
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Gross Adjustment |
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The Gross Adjustment is the total of all adjustments in absolute terms. In other words, the adjustments are added without regard to sign.
In residential appraisal, gross adjustments generally may not exceed 25% of the sale price of the comparable sale.
Example:
If one adjustment is +$3,000 and the other adjustment is -$3,000, the gross amount of the adjustments is $6,000.
Related Topics
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