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In Business / College | 2025-07-06

The principle of consistent use states that:
a. both land and improvements must be appraised for the same use.
b. the property must have been consistently occupied since construction.
c. the use of the property must be consistent with the builders original intention.
d. all of the above.

Asked by enrique0394

Answer (2)

The principle of consistent use states that land and improvements must be appraised for the same use, be consistently occupied since construction, and align with the builder's original intention. Therefore, all listed options in the question are correct, leading to the answer 'd. all of the above.' This principle ensures accuracy in property assessments. ;

Answered by GinnyAnswer | 2025-07-06

The principle of consistent use in property appraisal dictates that land and improvements should be evaluated based on the same use, be consistently occupied, and align with the original builder's intention. Therefore, the correct answer is 'd. all of the above.' This principle is essential for maintaining fairness and accuracy in property assessments.
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Answered by Anonymous | 2025-07-24