highest and best use

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Highest and Best Use

In real estate appraisals, the use of a property that leads to its highest possible value. The highest and best use may not be the current use of a property; in such cases, one may be able to buy the property for less than its ideal value. The highest and best use must be legal, physically possible, financially feasible and maximally productive.

In public appraisal and tax appraisal, that use of land which would be the most economically advantageous over a given period of time,while at the same time being legally, financially,and physically possible.A 5-acre residential estate within minutes of downtown Houston would have a highest and best use if it were developed for offices,and therefore should be appraised with that use in mind.Many property tax laws allow exemptions and appraisal at current use rather than highest and best use.

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Upscale			The quasi-industrial operations of a utility are not the highest and best uses of the riverfront area, which with the construction of the new federal courthouse nearby could one day become an attractive portion of the city's core area. Allow EWEB's move by The Register-Guard (Eugene, OR) It allocates the plywood to the highest and best uses. Price Gouging Is A Bad Thing? by Steven Gillman / Consumer news, advice, product reviews community In an ideal world, each person would find his highest and best uses to society and apply himself to them. Customer Service Managers Are You Going to Make Your Troops March? by Dr. Gary Goodman / Business community			High Return High Rise High Risk Pools for the Medically Uninsurable High Street Bank High Watermark High withholding tax interest income High Yield High Yielder High-Context Culture High-Coupon Bond Refunding High-End High-Grade High-Grade Bond High-Growth High-Low Index High-Premium Convertible Debenture high-rise High-Tech Stock High-Technology Stock High-Valuation Stock high-water mark High-Yield Bond High-Yield Bond Fund High-Yield Financing Higher Rate of Income Tax highest and best use Highjacking Highlight Halftone Highly Compensated Employee Highly Compensated Employees Highly Confident Letter Highly Leveraged Transaction Highly Protected Risk Highs Highway Contract Route Higouriteki Na Baburu Hijrah Calendar Hikine Hindenburg Omen HIPC Initiative Hiperinflacao Hiperinflacion Hipoteca Hipoteca de primer grado Hipoteca de segundo grado Hipoteca de tasa flotante Hipoteca revertida Hipoteca sobre aeronave Hipoteca subordinada Hipotesis del mercado eficiente Hire			higher-order language higher-order macro Higher-Order Modified Born Approximation Higher-order Path Adaptation Higher-Order Path Connection Higher-Order Path Termination Higher-order Path-Trace Identifier Mismatch Higher-Order Raman Spectral Excitation Studies Higher-Order Singular Value Decomposition higher-order software Higher-Order Spectral Analysis Higher-Order Stark Effect Higher-order statistics Higher-Order Table-Based Method Higher-Order-Mode Dispersion Compensation Higher-Priced Mortgage Loan higher-ranking higher-up higher-ups Highering Highers highest highest highest highest highest Highest Adjacent Grade Highest and Best highest and best use Highest Astronomical Tide Highest Average Daily Dose Highest Average Pay Compensation Highest Average Salary Highest Benefit Density Highest bidder Highest bidder Highest bidder Highest bidder Highest common denominator Highest common divisor Highest common divisor highest common factor highest common factor highest common factor highest common factors highest common factors Highest Common Multiple Highest Conditional Density Highest Contract Anniversary Value Highest Current Control Highest Degree of Brotherhood Highest Density First Highest Dose Tested Highest Existing Adjacent Grade Highest Flood Level Highest Good Highest in First Out Highest Incoming Channel Highest Institute of Education Science and Technology

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