Property Valuation
In Rhode Island appraisal, what is 'assemblage'?
ACombining two or more adjacent parcels into one larger parcel✓ Correct
BDividing a large parcel into smaller lots
CAdding improvements to increase property value
DAssembling the appraisal report components
Explanation
Assemblage is the process of combining two or more adjacent parcels into one larger parcel. The increase in value that results from combining the parcels (above the sum of their individual values) is called plottage.
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