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Real Estate Glossary

Highest And Best Use

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Written by Luis Escobar

This is the legal use and reasonably probable use of a vacant land or improved property. The land is financially feasible, supported, and physically possible, resulting in the highest and best value.

This is the legal use and reasonably probable use of a vacant land or improved property. The land is financially feasible, supported, and physically possible, resulting in the highest and best value.

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Luis Escobar

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