Contamination is uncertain as of the effective date. The appraiser has a reasonable basis to assume the site is uncontaminated; that premise could affect the value conclusion. What assignment condition is being used?
Correct Answer
D) An extraordinary assumption
This premise concerns an uncertain fact. Known contamination assumed absent would instead be hypothetical. The effective-date facts distinguish these conditions.
Why This Is the Correct Answer
This premise concerns an uncertain fact. Known contamination assumed absent would instead be hypothetical. The effective-date facts distinguish these conditions.
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