Fair Market Value
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The amount for which real property or Personal Property would be sold in a voluntary transaction between a buyer and seller, neither of whom is under any obligation to buy or sell.

The customary test of fair market value in real estate transactions is the price that a buyer is willing, but is not under any duty, to pay for a particular property to an owner who is willing, but not obligated, to sell.

Various factors can have an effect on the fair market value of real estate, including the uses to which the property has been adapted and the demand for similar property.

Fair market value can also be referred to as fair cash value or fair value.

fair market value n. the amount for which property would sell on the open market if put up for sale. This is distinguished from "replacement value," which is the cost of duplicating the property. Real estate appraisers will use "comparable" sales of similar property in the area to determine market value, adding or deducting amounts based on differences in quality and size of the property. (See: market value, appraiser)

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accounting Actual Cash Value Assessed Valuation Deed of Trust Deficiency Judgment eminent domain equality equity Estate and Gift Taxes fair fifth amendment Inverse Condemnation just compensation Land-Use Control Limited Liability Company medicaid Mill mortgage option			In markets with limited activity, these institutions and services providers frequently utilize significant judgment and unobservable inputs in the determination of fair values. Documenting fair value determinations in an uncertain economy by McCormick, Gary / Credit Union Times It strongly disagreed with the proposed additional fair value disclosures, particularly requirements to disclose effects from changing unobservable inputs; when use of an asset differs from the highest and best use when that asset is at fair value on the balance sheet; and categorization by fair value hierarchy level for items that are not measured at fair value but for which fair values are disclosed elsewhere. FEI update on fair value and financial instruments by Graziano, Cheryl de Mesa / Financial Executive The fair values of the acquirer's interest in the acquiree and the noncontrolling interest on a per-share basis might not be proportional. Fair value and business combinations by Dorata, Nina T.; Zaldivar, Ignacio Perez / Review of Business			faint outline faint suggestion faint-hearted faintheartedness faintish fair fair chance fair claim Fair Comment Fair Credit Reporting Act fair expectation Fair Hearing Fair Housing Act of 1968 Fair Labor Standards Act Fair Market Value fair notice fair play fair prospect fair sample fair sharing fair trade agreement fair trade laws fair treatment Fair Use fair value Fair Values fair-dealing fair-haired fair-minded fair-mindedness Fair-Trade Laws fairish fairly fairminded fairness Fairness Doctrine fait accompli faith faithful faithful companion faithfully faithfulness faithless faithlessness faithworthy fake fake charges against Fake ID confiscated fake the evidence faked faked charge			Fair Trials Abroad Trust fair use fair use fair use fair use Fair use criteria Fair use criteria Fair use doctorine Fair use doctorine Fair use doctrine Fair use doctrine Fair use doctrine Fair use doctrine Fair use of Unsolicited Commercial EMail Fair Use Policy Fair Use Remix Institute Fair use rights Fair use rights Fair use rights Fair use rights Fair value Fair value Fair value Fair value Fair Value Accounting Fair Value Balance Sheet Fair Value of Plan Assets Fair Value Option Fair Value Oversight System Fair Value through Profit and Loss Fair Values Fair Wear & Tear fair weather Fair weather cumulus Fair weather cumulus cloud Fair Weather Fund Fair Weather Funds Fair Weather Rider fair wind Fair Winds and Following Seas Fair Work Australia Fair's fair Fair, Anderson & Langerman - Certified Public Accountants Fair, Efficient and Openly Competitive Fair, Fat, Female and Forty Fair, James Graham Fair, Reasonable and Non-Discriminatory Fair-and-equitable test fair-and-square fair-dealing fair-faced fair-faced brickwork Fair-fete Fair-fete Fair-fete fair-haired fair-haired fair-haired boy fair-haired boy

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Fair Market Value (redirected from Fair Values)

Fair Market Value
(redirected from Fair Values)