Valuation & AppraisalCâu 62 / 120
Combining two adjacent parcels to create a single, more valuable parcel is called assemblage, and the resulting increase in value is:
a.Regression
b.Plottage
c.Contribution
d.Accretion
Giải thích
Plottage is the added value created when combining, or assembling, adjacent parcels into one larger, more useful parcel. The merged property can be worth more than the sum of the separate lots. Developers use assemblage to unlock plottage value.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Market value is best defined as the:
- An investment property produces $60,000 in net operating income and the market capitalization rate is 8%. Using the income approach, its indicated value is:
- The value a county assessor places on property to compute property taxes is the:
- The principle of anticipation holds that value is created by the expectation of:
- In the cost approach, an estimate of the cost to build an exact duplicate of the improvements using the same materials is the:
- A loss in property value caused by a new freeway built next to a residence is best classified as:
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