Property Valuation
What is 'assemblage' and 'plottage' in Delaware real estate?
AThe process of assembling a real estate sales team and plotting a marketing strategy
BAssemblage is combining two or more adjacent parcels under single ownership; plottage is the increased value resulting from combining parcels whose combined value exceeds the sum of their individual values✓ Correct
CAssembling building materials on a lot before construction begins
DDelaware's process for subdivision plat approval
Explanation
Assemblage is the combining of two or more adjacent land parcels under single ownership. Plottage is the resulting increment in value — the combined parcel is worth more than the sum of the individual parcels because the larger assembled parcel can be used more productively (e.g., a major development that requires minimum lot size). Plottage value is recognized in appraisals of assembled sites.
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