Property Valuation
Assemblage refers to:
AThe loss in value from combining incompatible properties
BThe process of combining two or more adjacent parcels into a single larger parcel✓ Correct
CThe valuation of a property by comparing assembly costs
DZoning changes that allow higher density development
Explanation
Assemblage is the combining of two or more adjacent parcels into one larger parcel. When the combined value exceeds the sum of the individual parcel values, the increment is called 'plottage.' Assemblage is common in urban redevelopment areas.
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