Property Valuation
Excess land in appraisal refers to:
ALand that exceeds legal size limits
BLand in excess of what is needed to support the highest and best use, which may have separate value✓ Correct
CLand with contamination issues
DThe surplus of vacant lots in a market area
Explanation
Excess land is land beyond what is necessary to support the highest and best use of the primary improvement. Unlike surplus land, excess land has the potential to be sold separately from the primary property.
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