Property Valuation
What is a 'land residual technique' in income property appraisal?
AA technique for appraising leftover parcels
BA method for estimating land value by capitalizing the income attributable to land after subtracting the income attributable to improvements✓ Correct
CA method used only for agricultural land
DA technique for estimating acreage
Explanation
The land residual technique estimates land value by determining the total property income, subtracting the income needed to justify the improvements' value, and capitalizing the residual income attributable to the land.
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