Property Valuation
The 'income approach' to value is best suited for which type of South Carolina property?
AOwner-occupied single-family homes
BIncome-producing commercial and rental properties✓ Correct
CVacant land for future development
DHistoric preservation properties
Explanation
The income approach values property based on its ability to generate income. It is most applicable to investment and income-producing properties such as apartments, office buildings, and retail centers.
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