New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Real Estate Licensing Virginia Real Estate Salesperson Exam - Topic 1 Question 10 Discussion

Actual exam question for Real Estate Licensing's Virginia Real Estate Salesperson exam
Question #: 10
Topic #: 1
[All Virginia Real Estate Salesperson Questions]

What is the difference between assemblage and plottage?

Show Suggested Answer Hide Answer
Suggested Answer: D

Assemblage: The process of combining two or more adjacent parcels of land into one larger parcel.

Plottage: The increase in value that results from assemblage due to the greater utility or economic use of the combined parcel.

Example: Two small lots may be worth $50,000 each separately, but if assembled into one larger parcel, the combined property may be worth $120,000 due to increased development potential.

Reference (Virginia Real Estate):

Virginia Real Estate Principles -- Land and Appraisal section

A490-02REGS.pdf -- Valuation curriculum


Contribute your Thoughts:

0/2000 characters

Currently there are no comments in this discussion, be the first to comment!


Save Cancel