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 Select 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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