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.
Even if it wanted to, Congress is unable to disregard the Supreme Court's decision.
The law that made having a gun on school property illegal has been declared invalid. The U.S. Supreme Court has the final judgment on whether a statute is constitutional under the Constitution.
<h3>What do Congress's powers entail?</h3>
Congress, which has total legislative authority, is the only arm of government with the power to pass new laws or alter ones that already exist. While laws established by Congress are required for their enforcement, executive branch agencies' regulations have full legal power.
For more information about Congress's powers refer to the link:
brainly.com/question/4736734
#SPJ4
Answer: The Cairo Conference has been viewed as the least successful of the Allied conferences because little was achieved by way of formal agreements, and the informal decisions made there were quickly reneged at Yalta.
Answer:
They hoped to destroy their weapons so that they could fight in the war.
Explanation:
What two accounts of slavery
