The cost of razing a building on a parcel of land to build a new building is added to the cost of the land.

Name: The cost of razing a building on a parcel of land to build a new building is added to the cost of the land.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cost of razing a building is considered part of the cost of preparing the land for new construction. Therefore, it is added to the cost of the land when calculating the total project cost.

The Cost of Razing a Building on a Parcel of Land