Question

16. The cost of land can include: A. Purchase price B. Assessments by local governments C. Costs of removing existing buildings D. Fees for insuring the title E. All of the above

Answer 1

Answer:

E. All of the above

Explanation:

The cost of the land could be computed by adding the purchase price of the land, its assessment done by the local governments, removing cost of the existing buildings, insuring fees for the title

Therefore as per the given situation, it includes all the things mentioned in the question

Therefore the correct option is E

hence, the same is to be considered