Cost approach values property by summing land value and costs to rebuild, minus depreciation. Key to cost approach: find land value, calculate new construction costs, assess depreciation. Cost ...
In a condemnation case, real estate is valued as if it is free and clear of all leases, mortgages or encumbrances. It is a fair market valuation. Matter of City of New York (Bronx River Expressway), ...
In modern industry, where machinery often represents the largest share of capital investment, understanding the real economic ...
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