Question: Highest and best use is the basic premise of value in appraisal. Which of these statements is correct? Question 1 1 Select one: a .

Highest and best use is the basic premise of value in appraisal. Which of these statements is correct?
Question 11Select one:
a.
highest and best use is the reasonably probable legal use of vacant land or improved property.
b.
highest and best use is based on an analysis of conformity.
c.
highest and best use is an absolute fact, not an appraisers opinion.
d.
highest and best use is always a change in land use.
e.
highest and best use is only based on the appraisal of land as vacant.

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