Which of the following is the MOST LIKELY sequence of events in the land development process?
A)Inspect site,perform feasibility analysis,implement marketing program,purchase land and begin construction of improvements
B)Inspect site,purchase land and begin construction of improvements,perform feasibility analysis,implement marketing program
C)Inspect site,perform feasibility analysis,purchase land and begin construction of improvements,implement marketing program
D)Purchase land,perform feasibility analysis,perform preliminary market study,begin construction of improvements,implement marketing program

Question

Quizplus · Accepted Answer

The most logical sequence of events in land development process would be to first inspect the site to determine its potential and limitations. The next step would be to perform a feasibility analysis, which includes evaluating factors such as market demand, zoning ordinances, environmental impact, and economic factors, among others. Once the feasibility analysis is completed and the decision is made to move forward, the developer would purchase the land and start the construction of improvements. Finally, after the construction is completed, the developer would implement a marketing program to sell or lease the property to potential buyers or tenants. Choice C follows this sequence, making it the most likely option.

Which of the Following Is the MOST LIKELY Sequence of Events