Property Valuation
Plottage (assemblage) in Missouri refers to:
ASubdividing a large parcel
BThe increased value from combining two or more parcels into a larger, more valuable property✓ Correct
CThe loss in value from over-improvement
DThe appraisal process for commercial properties
Explanation
Assemblage combines two or more adjacent parcels; plottage is the increase in value that results. Combined parcels are sometimes worth more than the sum of their individual values.
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