Answer:
The ratio of land value to building value is used when estimating site value by the allocation method.
Explanation:
It is used for site and land valuation or appraisal. Allocation method is ideal when comparable are not given or known. When a new home is constructed on land area that has been recently bought or purchased, then Allocation method will be ideal . It is best suitable when given as percentage or proportion of the property’s total value that has been improved.
But when comparable improved sale is used , land or the building portion of the property should be determined first. For a newly built home , cost of improvements divided by the sales price of the home gives the percentage of improvements compared to purchase price of comparable.This method is not ideal for older homes.
To apply this method
- First identity a comparable site or comparable land with vacant home sales as well as vacant lot sales.
- Next, find out value of the land to total property values ratio.
- Then, apply the ratio to the property that is being appraised. This will determine the appropriate value of the land or site.
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
The things that are needed for human solidarity to thrive in a Catholic perspective are the understanding and the compassion of good Catholics to the pain and suffering of other people.
According to the Catholic religious teachings, Catholics must recognize the necessities of other people who are suffering and show the kind of compassion and respect for the events they are living, understanding that God has a purpose for every one of us.
The reasons of the almighty God can be unknown to humans, but he has his motives. Or as the common saying states, "God acts in strange ways."
Catholics are taught that humans form a big community on Earth, and they can help and be part of the solution trying to understand the circumstances of other people, walk in their shows for a while to understand what they are living, to never judge, and lend a helping hand when it is needed.
True, they also would have a trading system
The issue that Millard Fillmore's campaign focused on was: Abolition.
<h3>Who was Millard Fillmore?</h3>
Millard Fillmore was the 13th President of the United States who made sure that peace was enforced between the North and South of the United State.
He was known for supporting and signing into law the 1850 compromise which infuriated the pro and anti-slavery factions.
Learn more about Millard Fillmore here:
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