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FAQ Real Estate Dictionary M Market Value
FAQ Real Estate Dictionary M Market Value
Market Value
- DATE ADDED:
- Tuesday, 07 April 2009
- FAVOURED:
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0
ANSWER
The highest price, estimated in terms of money, which a property will bring if exposed for sale in the open market, allowing a reasonable time to find a purchaser who buys with knowledge of all the uses to which the property is adapted and for which it is capable of being used.