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Florida Real Estate Course
Chapter 17
Florida Real Estate Practice Question
For a property use to be considered "Highest and Best Use," it must be:
Answer choices
A
Legally permissible, physically possible, and financially feasible.
B
Socially acceptable, aesthetically pleasing, and affordable.
C
Zoning compliant, tax-exempt, and income-producing.
D
Recently constructed, fully occupied, and profitable.
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Real Estate Appraisal: Value, Comparables and Three Approaches
All chapter guides
Why can construction cost, sale price, and market value all be different?
Does highest and best use simply mean whichever use earns the most money?