Property Valuation
Highest and best use in appraisal is the use that is:
AThe most profitable use regardless of legal constraints
BLegally permissible, physically possible, financially feasible, and maximally productive✓ Correct
CDetermined solely by the owner's preference
DBased only on current zoning
Explanation
Highest and best use is the use that meets four criteria: legally permissible, physically possible, financially feasible, and maximally productive — resulting in the highest value for the property.
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