The concept that a property will probably increase in value if its size, age, condition, and style are similar to other properties in the immediate area.
Related information about principle of conformity:
- What is principle of conformity? definition and meaning
Definition of principle of conformity: The concept that a property will probably increase in value if its size, age, condition, and style are similar to other properties ...
- Conformity Principle: Definition from Answers.com
What is the principle of conformity? Read answer... What is the principles of Principles of Heredity? Read answer... What is the first principle of euclidian principle ...
- Principle Of Conformity in Real Estate Wiki.
Principle Of Conformity listed in Glossary of Terms in Real Estate Wiki.
- Real Estate Glossary - P 11/28/12
Principle of Conformity An appraisal principle which holds that the maximum value is realized when a reasonable degree of homogeneity (sameness) exists in a ...
- The Principle of Conformity and Spectrum Exchangeability
Unary Conformity, what we shall call the Principle of Conformity. Again then both these principles can be viewed as natural logical constraints to place on the ...
- AccuriZ :: Principles of Valuation
The principle of conformity states that the value of a group of properties will rise to its highest possible level in an area where architectural styles are reasonably ...
- Real Estate Value | The Truth About Realty.com
Principle of Conformity. Many housing markets thrive on conformity. If the properties of a given market are all similar in type, size, style, age, quality, etc, the ...
- Dr. Eyal Zamir
Sep 22, 2005 ... The second goal is to show that the introduction of obligations based on the principle of conformity is justified in light of various views about the ...