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The Four Tests of Highest and Best Use

McKissock

” Highest and Best Use is the reasonable, probable, and legal use of vacant land or an improved property. Legally permissible. Some questions to answer: Do you have a current survey of the property? Are existing structures considered legal non-conforming use? Physically possible.

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Bitcoin Real Estate Transactions Gain Popularity

McKissock

Although using crypto to pay for real estate isn’t a new concept (we’ve already been using it for international transactions), it’s starting to become a more mainstream concept when it comes to local property sales. Programmable security. Immutability. Cutting Out Middlemen.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

Typically, this would be for local property tax appeals. Generally related to a casualty on the property, the insurance company and insured may dispute the amount to be paid on the settlement and require an appraiser to determine the impact on value due to the casualty loss. Learn more. Tax appeal. Guardianship/Trustee matters.

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Digital Real Estate In the Metaverse

McKissock

Although using crypto to pay for real estate isn’t a new concept (we’ve already been using it for international transactions), it’s starting to become a more mainstream concept when it comes to local property sales. But don’t take our word for it! Programmable security. Immutability. Cutting Out Middlemen.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The short answer: A commercial real estate appraisal is a calculated assessment of value for any type of commercial property. Properties may include apartment buildings and condominiums, office buildings, shopping centers, industrial sites, and land for sale. For the purpose of this article, we’ll mostly stick to the word “appraisal.”.