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What is Valuation of Special Properties Explained about?

Special property is defined as a subordinate property interest, such as that held by a bailee, pledgee, or lienholder, as opposed to absolute ownership. Entertainment properties include films, television, music, and theme parks. Commercial properties, also called investment properties, generate income and include offices, hotels, retail stores, multifamily housing, hospitals, schools, and farmland. Commercial properties are typically valued using the income approach because it determines the property

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yana

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EN