Principle of Contribution: What is it? Real estate license exam questions.

The principle of contribution states that the actual worth of an improvement is what contributes to the property's market value, not the cost of the improvement. Here are the chapters for this video, feel free to jump around accordingly: 0:00 Introduction 0:22 Principle of Contribution Definition 1:25 Principle of Contribution Example 2:03 Factors That Affect Contribution 3:01 Contribution and the Real Estate Industry 3:39 What Do You Need to Know for the Exam? #realestate #realestateexam #realestatelicense -=-=-=-=- Don’t forget to like and subscribe for more! Want to learn more about the smart way to get your real estate license and start a successful real estate career? Then make sure to visit the Real Estate License Wizard, getting started is easy. Just click the page below: https://realestatelicensewizard.com -=-=-=-=-