Property Valuation
In Washington, the 'land residual technique' is an income capitalization method used to value:
AResidential properties with no improvements
BLand when the income to the building can be separated from total property income✓ Correct
CCommercial properties with absentee owners
DAgricultural properties with crop income
Explanation
The land residual technique values land by capitalizing the income remaining after deducting the income attributable to the building. It is used when comparable land sales are scarce but building data is available.
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