Question: The difference between the total property value ( accounting for rents and cash flows ) and the cost of constructing an improvement on a given

The difference between the total property value (accounting for rents and cash flows) and the cost of constructing an improvement on a given site is the:
Multiple Choice
land value differential.
excess land value.
residual land value.
highest and best use value.
The difference between the total property value (accounting for rents and

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