Economic Benefits Provided by Municipal Liquor Stores

By: Joshua R. Johnson Economic Benefits Provided by Municipal Liquor Stores The 21st Amendment to the U.S. Constitution was ratified on December 5, 1933, effectively repealing the 18th Amendment, and ending nationwide prohibition on the sale of alcoholic beverages.  This transferred liquor control from federal oversight to state oversight.  Many states immediately sought to privatize […]

Highest and Best Use

By: Mark T. Jude Highest and best use is a phrase used in many real estate reports.  It may be glossed over or the analysis quickly performed by the appraiser with little to no thought.  In many reports, this leads to the appraiser assuming the highest and best use of a property is the current […]