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substitution |
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substitution In appraisal,the principle that the value of property may be determined by examining the sales prices of similar properties sold in the past.The theory is that a buyer would be indifferent to the substitution and either property would be acceptable. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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