Final answer:
The type of appraisal adjustment for translating the comparables' transaction price into its cash equivalent is the financing terms adjustment. It accounts for differences in the financing conditions of comparables to estimate a market-equivalent price.
Step-by-step explanation:
When sequence adjustments are made to the appraisal, the type of adjustment that translates the comparables' transaction price into its cash equivalent is D.) Financing terms. An adjustment for the financing terms is necessary when the comparables were not purchased under similar financing conditions to the subject property.
For example, if a comparable was purchased with seller financing at a below-market interest rate, the price would likely be higher than if it had been purchased with typical financing.
Adjusting for the differences in financing terms allows the appraiser to estimate what the transaction price would have been with prevailing market financing conditions, therefore arriving at a cash equivalent value.