Property Valuation
Assemblage is the process of:
ADividing a large parcel into smaller lots
BCombining two or more adjacent parcels into one larger parcel to increase value✓ Correct
CAppraising multiple properties at once
DSelling multiple units in a condominium
Explanation
Assemblage is the merging of two or more adjacent parcels under one owner. The resulting larger parcel often has greater value than the sum of the individual parcels, a concept called plottage.
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