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Land equivalent ratio. The FAO defines land equivalent ratio (LER) as: [2] the ratio of the area under sole cropping to the area under intercropping needed to give equal amounts of yield at the same management level. It is the sum of the fractions of the intercropped yields divided by the sole-crop yields. For a scenario where a total of crops ...
Marriage Value. Marriage value, also called synergistic value, is a concept in property valuation. It is defined by the Royal Institution of Chartered Surveyors as "an additional element of value created by the combination of two or more assets or interests where the combined value is more than the sum of the separate values". [1]
The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
The tax rate is applied to the assessed value to calculate the property tax bill. Step 3: Calculate Property Tax. To calculate property taxes, multiply the assessed value or market value of the ...
Total the values: Sum up the values of all your personal property to get the total value of your belongings. This figure represents the estimated value of your personal property. Adjust for tax or ...
State. Effective Tax Rate. Average Home Value. Average Tax on Average Value Home. Average Tax on Median Value U.S. Home ($420,321*) Alabama. 0.42%. $265,811
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