Which of these is NOT a test criterion for highest and best use?

Master the Mckissock General Appraiser Sales Comparison Approach Test with comprehensive quizzes and explanations. Enhance your skills in the appraiser profession and pass your exam with confidence!

Multiple Choice

Which of these is NOT a test criterion for highest and best use?

Explanation:
Highest and best use is determined by four criteria: legally permissible, physically possible, financially feasible, and the use that yields the greatest return (maximally productive). Social acceptability isn’t a formal criterion in this framework. A use can be legal, physically possible, and financially feasible yet not be the most valuable option if another use would produce a higher return. Social acceptability can affect marketability or community response, but it doesn’t belong to the official tests that define highest and best use.

Highest and best use is determined by four criteria: legally permissible, physically possible, financially feasible, and the use that yields the greatest return (maximally productive). Social acceptability isn’t a formal criterion in this framework. A use can be legal, physically possible, and financially feasible yet not be the most valuable option if another use would produce a higher return. Social acceptability can affect marketability or community response, but it doesn’t belong to the official tests that define highest and best use.

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