The ease with which the property can be conveyed to another describes which factor that influences value?

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24-08-2022
Business

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The ease with which the property can be conveyed to another describes which factor that influences value?

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-09-01T12:54:19+02:00

The ease with which the property can be conveyed to another, Transferability factor influences the value

is further explained below.

What is Transferability?

Generally, Transferability is a term that describes the expenses that are incurred when moving goods from one location to another.

These include the expenses involved with transportation, the costs associated with making the items comply with the requirements of the destination of the shipment, and the costs associated with any customs or charges that may be imposed.

In conclusion, Transferability is a factor that affects property value by measuring how easily ownership may be transferred from one person to another.