Which set lists the five intangible adjustments?

• A. Expenditures immediately following the sale
• B. Market conditions
• C. Property rights, financing terms, conditions of sale, expenditures immediately following the sale, market conditions
• D. Financing terms

Answer: (C)

In the Sales Comparison Approach, adjustments fall into a group called intangible adjustments, which account for differences beyond physical features. The five categories that make up these intangible adjustments are property rights conveyed, financing terms, conditions of sale, expenditures immediately after the sale, and market conditions. The set that lists all five of these categories is the best answer because it includes every intangible factor that can cause value differences between the subject and comparables. The other options only mention one of these categories at a time, so they don’t capture the full scope of intangible adjustments.