Presentation Category
01 WORKING WITH THE LEGAL FRAMEWORK
Session Description
This topic explores whether USPAP, state ad valorem statutory requirements, the fundamental principle of highest and best use, and the definition of market value are violated in many cases if consideration is not given to differences in individual parcel values that result from analyses of the contributory value of each tract when combined with abutting tracts under the same ownership.
Audience Expertise
General Interest (Appropriate for all experience level)
Start Date
9-1-2021 3:00 PM
End Date
9-1-2021 4:00 PM
Can Valuing Parcels Individually Violate USPAP and Highest & Best Use?
Grand Hall I
This topic explores whether USPAP, state ad valorem statutory requirements, the fundamental principle of highest and best use, and the definition of market value are violated in many cases if consideration is not given to differences in individual parcel values that result from analyses of the contributory value of each tract when combined with abutting tracts under the same ownership.
