Answer:
No it is not true, the value of a parcel of property is the present worth of all rights to current and future benefits of ownership.
Explanation:
The legal and theoretical ownership of resources and their permissible uses are defined by property rights. These resources may be owned by private parties, public entities, or both. They may also be physical or intangible.
False, When a licensee uses pricing, the outcome is a suggested price for a prop rather than an appraisal or view of the property's value. An unbiased assessment or opinion on a piece of property's worth. It is supported by data that corroborate the value estimate.
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