s 29
In forceWhat is the site value and unimproved value of unimproved land
Chapter 2Valuations
Part 2Valuation methodologies
Division 3Site value and unimproved value
Subdivision 5Value of unimproved land
29 What is the site value and unimproved value of unimproved land
If land is unimproved, both its site value and its unimproved value are its expected realisation under a bona fide sale.
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