Test of Highest and Best Use
In order to be considered as the highest and best use of a property, any potential use must pass a series of tests. The exact definition of highest and best use varies, but generally the use must be the following:
- legally allowable
- physically possible
- financially feasible
- maximally productive
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Famous quotes containing the words test of, test and/or highest:
“Poetry is important. No less than science, it seeks a hold upon reality, and the closeness of its approach is the test of its success.”
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