Which of the following would not be included in the cost of land?
A) Grading the land
B) Sewer assessment from local government
C) Cost of making a driveway
D) Commission to real estate agent

Name: Which of the following would not be included in the cost of land? A) Grading the land B) Sewer assessment from local government C) Cost of making a driveway D) Commission to real estate agent
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Question

Quizplus · Accepted Answer

The cost of making a driveway is considered an improvement to the land and not part of the land's initial cost.

Which of the Following Would Not Be Included in the Cost