Land Use & Zoning
What is the 'highest and best use' principle in South Carolina real estate?
AThe use that generates the most traffic to a property
BThe legal, physically possible, financially feasible use that generates the highest value✓ Correct
CThe use designated by the property's current zoning
DThe use that requires the least maintenance
Explanation
Highest and best use is the use that is legally permissible, physically possible, financially feasible, and maximally productive—i.e.
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