Property Valuation
In Tennessee, 'plottage value' refers to:
AThe value attributable to a property's landscaping
BThe increment in value when two or more adjacent parcels are assembled into one larger parcel✓ Correct
CThe value of subsurface mineral rights
DThe value of air rights above a building
Explanation
Plottage (assemblage value) is the additional value created when combining adjacent parcels into one larger tract, because the combined parcel may be worth more than the sum of the individual parcels.
Related Tennessee Property Valuation Questions
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