Land Use & Zoning
The 'highest and best use' of a parcel of land is defined as the use that is:
AThe use generating the most rental income
BLegally permissible, physically possible, financially feasible, and maximally productive✓ Correct
CThe current use of the property
DThe use preferred by the property owner
Explanation
Highest and best use is the most probable use of a property that is (1) legally permissible, (2) physically possible, (3) financially feasible, and (4) maximally productive — the use that results in the highest value.
Related Rhode Island Land Use & Zoning Questions
- What is a 'permitted use' in Rhode Island zoning?
- What is the Rhode Island Division of Planning's role in land use?
- A Rhode Island developer who wants to subdivide a parcel into five or more lots must obtain approval from:
- A 'special use permit' (also called a conditional use permit) allows:
- A Rhode Island municipality wants to prevent development in a particular area to preserve agricultural land. Which tool is most commonly used?
- A Rhode Island municipality may adopt a historical district ordinance to:
- An 'accessory dwelling unit' (ADU) or 'in-law apartment' is:
- A 'bulk zoning' regulation controls:
Practice More Rhode Island Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Rhode Island Quiz →