The maximally productive use of a property isO The predominant use of the propertiessurrounding the subject.O The use yielding the greatest benefit to an owner.O What type of development would create themost value for the owner.O The maximum financial return to an owner.

Answered: The maximally productive use of a…

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.

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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