The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.
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Transcript of The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.
![Page 1: The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.](https://reader036.fdocuments.us/reader036/viewer/2022082918/551c1bab550346ad4f8b58cf/html5/thumbnails/1.jpg)
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The Student Handbook toTHE APPRAISAL OF REAL ESTATE
Chapter 12
Highest and Best Use Analysis
![Page 2: The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.](https://reader036.fdocuments.us/reader036/viewer/2022082918/551c1bab550346ad4f8b58cf/html5/thumbnails/2.jpg)
Chapter 12 2Student Handbook to THE APPRAISAL OF REAL ESTATE
Fundamentals of Highest and Best Use Highest and Best Use as Improved Highest and Best Use as Though Vacant
Testing Criteria in Highest and Best Use Physically Possible Legally Permissible Financially Feasible Maximally Productive
![Page 3: The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.](https://reader036.fdocuments.us/reader036/viewer/2022082918/551c1bab550346ad4f8b58cf/html5/thumbnails/3.jpg)
Chapter 12 3Student Handbook to THE APPRAISAL OF REAL ESTATE
Highest and Best Use of Land as Though Vacant The Ideal Improvement Test of Legal Permissibility of Land as Though
Vacant Test of Physical Possibility of Land as Though
Vacant Test of Financial Feasibility of Land as Though
Vacant Test of Maximum Productivity of Land as
Though Vacant
![Page 4: The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.](https://reader036.fdocuments.us/reader036/viewer/2022082918/551c1bab550346ad4f8b58cf/html5/thumbnails/4.jpg)
Chapter 12 4Student Handbook to THE APPRAISAL OF REAL ESTATE
Highest and Best Use of Property as Improved Test of Legal Permissibility of Property as
Improved Test of Physical Possibility of Property as
Improved Test of Financial Feasibility of Property as
Improved Test of Maximum Productivity of Property as
Improved
![Page 5: The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.](https://reader036.fdocuments.us/reader036/viewer/2022082918/551c1bab550346ad4f8b58cf/html5/thumbnails/5.jpg)
Chapter 12 5Student Handbook to THE APPRAISAL OF REAL ESTATE
![Page 6: The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.](https://reader036.fdocuments.us/reader036/viewer/2022082918/551c1bab550346ad4f8b58cf/html5/thumbnails/6.jpg)
Chapter 12 6Student Handbook to THE APPRAISAL OF REAL ESTATE
Special Situations in Highest and Best Use Analysis Single Uses Legally Nonconforming Uses Interim Uses Speculative Uses Uses That Are Not the Highest and Best Use (of
Site as Though Vacant) Multiple Uses
![Page 7: The Student Handbook to T HE A PPRAISAL OF R EAL E STATE 1 Chapter 12 Highest and Best Use Analysis.](https://reader036.fdocuments.us/reader036/viewer/2022082918/551c1bab550346ad4f8b58cf/html5/thumbnails/7.jpg)
Chapter 12 7Student Handbook to THE APPRAISAL OF REAL ESTATE
Problems
Suggested solutions begin on page 365.