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Simple English definitions for legal terms

most-suitable-use value

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A quick definition of most-suitable-use value:

The most-suitable-use value refers to the highest and best use of something from an economic standpoint. It is the value that would bring the most benefit to the owner if they were to use or sell the item in that way. For example, if a farm would be worth more as a shopping center than as a farm, the shopping-center value would be the most-suitable-use value. It is also known as optimal-use value.

A more thorough explanation:

Definition: Most-suitable-use value refers to the highest and best use of a property from an economic standpoint. It is the value that a property would have if it were used in the most profitable way possible.

Examples: For example, if a piece of land is currently being used for farming, but it is located in an area where commercial development is booming, the most-suitable-use value would be the value of the land if it were used for commercial development instead of farming. Another example would be if a building is currently being used as a warehouse, but it is located in an area where residential development is in high demand, the most-suitable-use value would be the value of the building if it were converted into residential units.

Explanation: The examples illustrate how the most-suitable-use value is determined by the potential profitability of a property's use. It takes into account the current market demand and the potential for future growth or development. By determining the most-suitable-use value, property owners can make informed decisions about how to use their property to maximize its value.

most suitable use | moteer

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or a MaxPreps esque high light video where Deans can rank us
1a2b3c4d26z
11:15
In this analogy is the LSAT the NFL combine
JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
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