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Real Estate Glossary

Highest And Best Use

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Written by Richard Wilson

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.

About the author

Richard Wilson