Property Valuation
Plottage (assemblage) in real estate refers to:
AThe individual value of a parcel of land
BThe increased value created by combining multiple adjacent parcels into a larger, more valuable tract✓ Correct
CThe process of subdividing land into smaller lots
DA survey method for irregular lots
Explanation
Plottage is the increase in value resulting from combining (assembling) two or more adjacent parcels into a single, larger parcel. The assembled parcel's value typically exceeds the sum of the individual parcel values.
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