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Which of the following statements BEST describes the amount of adjustment an appraiser should make for vacancy allowance in a property? Question options: Five percent

Which of the following statements BEST describes the amount of adjustment an appraiser should make for vacancy allowance in a property?

Question options:

Five percent of potential gross income.

The average vacancy rate of all properties in the area.

Somewhere between 5% and 10%.

The amount will vary with each property.

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