The maximally productive use of a property is

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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The maximally productive use of a property is
O The predominant use of the properties
surrounding the subject.
O The use yielding the greatest benefit to an owner.
O What type of development would create the
most value for the owner.
O The maximum financial return to an owner.
Transcribed Image Text:The maximally productive use of a property is O The predominant use of the properties surrounding the subject. O The use yielding the greatest benefit to an owner. O What type of development would create the most value for the owner. O The maximum financial return to an owner.
Expert Solution
Step 1

The test of maximal productivity is used to determine the first three successful tests. The property tests should be physically possible, properly supported, financially achievable, and must be resulted in the highest value. Basically, the concept of the highest and best value of the property is to meet certain basic criteria.

 

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