Presentation Title (Limit of 12 words)

Can Valuing Parcels Individually Violate USPAP and Highest & Best Use?

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

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Sep 1st, 3:00 PM Sep 1st, 4:00 PM

Can Valuing Parcels Individually Violate USPAP and Highest & Best Use?

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.