Question

That legally permissible and physically possible use of the property which will return the highest return in the foreseeable future is the:___.

Answer 1

The correct answer is HABU.

That legally permissible and physically possible use of the property which will return the highest return in the foreseeable future is the: HABU.

• The HABU is the reason probably and legal use of vacant land or an improvement that is legally permissible, physically possible, financially feasible and maximally productive, and that results in the highest value.
• The use must be legally permissible, physically possible, and financially feasible, with the appraiser able to support each of these contributing factors.

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