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Assessment Journal

Authors

Alan Marcuvitz

Keywords

Racetracks (Horse racing)

Abstract

This article considers the problems in using the cost approach in valuation of race tracks, with special attention to the treatment of economic obsolescence and views expressed by the courts.

Notes

The substance of this paper was presented at the IAAO Legal Seminar in Orlando, Florida, May 1995.

First Page

35

Last Page

37

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