The principle that states that land should be applied to generate its greatest net return:

Question

Quizplus · Accepted Answer

The principle of highest and best use states that land should be utilized in a manner that generates the greatest net return. This means that the property should be utilised in a way that maximizes its potential, whether that be residential, commercial or industrial use. This principle is important in determining the value of a property and is often considered in property appraisals.

The Principle That States That Land Should Be Applied to Generate