Property Valuation
Assemblage refers to:
AThe depreciation of multiple buildings on one parcel
BCombining two or more adjacent parcels into one larger parcel to increase overall value✓ Correct
CThe process of dividing a large parcel into smaller lots
DInstalling utility infrastructure on vacant land
Explanation
Assemblage is the combining of two or more adjacent parcels into one larger parcel. The increased value resulting from assemblage beyond the sum of individual values is called plottage.
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