As part of the data analysis step in the appraisal process, it is necessary to consider the highest and best use of the property in question. In regards to determining highest and best use, all of the following statements are true except:
A) the proposed property use must be legally permissible.
B) it must be physically possible for the property to be used in the manner specified.
C) no financial limits are considered when determining the property's best use.
D) the property use must provide the greatest benefit to the owner.
Answers: 2
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As part of the data analysis step in the appraisal process, it is necessary to consider the highest...
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