Alabama Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Master your Alabama real estate exam with our comprehensive practice test. Tailored feedback, expert tips, and up-to-date questions to ensure your success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

How does 'contribution' affect property value?

Through the property's location
By its overall size
By adding or subtracting based on individual parts
Through the architectural design

The correct answer is: By adding or subtracting based on individual parts

Contribution refers to the incremental value added or subtracted from a property based on individual components or improvements. Location (A), size (B), and architectural design (D) are all factors that can affect a property's value, but they do not directly address the concept of contribution. For example, a property may have a desirable location and a unique architectural design, but if certain parts such as the roof or foundation are in need of repair, those individual components would detract from the overall value of the property. Therefore, it is the contribution of each component that ultimately affects the property's value.