Question: Highest and best use is the basic premise of value in appraisal. Which of these statements is correct? Question 4 0 Select one: a .

Highest and best use is the basic premise of value in appraisal. Which of these statements is correct?
Question 40Select one:
a.
is usually one of the higher value uses of a comparable property.
b.
is an absolute fact, not an appraisers opinion.
c.
is always a shift of existing land use to another use.
d.
is the reasonably probable legal use of vacant land or improved property.
e.
is based on an analysis of conformity.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!