Dennis J. Black ASA IFAS
Senior Member
- Joined
- Mar 5, 2002
- Professional Status
- Certified General Appraiser
- State
- Florida
How can the unit itself have a determinable remaining economic life when the unit owner does not have the authority to raze the unit and develop with another unit?
Economic life is tied to Highest and Best Use and because this is a condo the owner only has a vote not absolute authority.
Economic life is tied to Highest and Best Use and because this is a condo the owner only has a vote not absolute authority.