Property Valuation
What is the land residual technique in Nevada commercial appraisal?
ASubtracting construction costs from the project's total cost to find land value
BA technique allocating total property value between land and improvements, used when building value is known but land value is uncertain✓ Correct
CThe method of estimating what remains of a property's value after fire damage
DA technique for valuing land near BLM boundaries
Explanation
The land residual technique estimates land value by capitalizing the net income attributable to the land (total NOI minus income attributable to the improvements). It is used in the income approach when building value can be established independently.
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