Property Valuation
What is a residual technique for estimating building value in Nevada appraisal?
AEstimating what remains after all liens are paid
BAn income approach technique allocating total property income between land and building to derive each component's value✓ Correct
CThe cost approach method for estimating accrued depreciation
DA method for estimating the residual value at the end of economic life
Explanation
The building residual technique allocates total income between land (known land value x cap rate = land income) and building (remaining income is building income, capitalized to get building value). This is used when land value is known but building value is uncertain.
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