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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? What type of commercial property (e.g.,

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12 Types of Expert Witness Assignments for Appraisers

McKissock

Construction faults. These cases often require appraising the damage caused by incorrect construction techniques or similar problems. McKissock’s Unlimited Learning Membership is your one-stop, money-saving solution for all CE plus professional development. Typically, this would be for local property tax appeals.

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

The Robert Weiler Company

Properties may include apartment buildings and condominiums, office buildings, shopping centers, industrial sites, and land for sale. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.