Question: Question 2 a) The methods of Unimproved Value, Capital Value and Annual Rental Value based on different principles of property taxation. Explain these principles and

Question 2 a) The methods of Unimproved Value,

Question 2 a) The methods of Unimproved Value, Capital Value and Annual Rental Value based on different principles of property taxation. Explain these principles and comment briefly, on which method you would recommend to a municipal council in country of your choice to adopt. Give reasons to support your recommendation, (5 marks) b) Discuss the application of the following methods of valuation to value a license property

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