71) The subject is a multi-unit property located on a site which has been down zoned to single-unit use. Using the cost approach, how should the land be appraised? A) As a mixed-use site B) As a single-unit site C) As a multi-unit site D) As a multi-interim use

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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71) The subject is a multi-unit property located on a site which has been down zoned
to single-unit use. Using the cost approach, how should the land be appraised?
A) As a mixed-use site
B) As a single-unit site
C) As a multi-unit site
D) As a multi-interim use
Transcribed Image Text:7 A 71) The subject is a multi-unit property located on a site which has been down zoned to single-unit use. Using the cost approach, how should the land be appraised? A) As a mixed-use site B) As a single-unit site C) As a multi-unit site D) As a multi-interim use
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