fair market value
21market value — The price property would command in the open market. The highest price a willing buyer would pay and a willing seller accept, both being fully informed, and the property being exposed for a reasonable period of time. The market value may be… …
22market value — The price property would command in the open market. The highest price a willing buyer would pay and a willing seller accept, both being fully informed, and the property being exposed for a reasonable period of time. The market value may be… …
23market value — The price for which an article is bought and sold in the ordinary course of business. 22 Am J2d Damg § 146. The price which would be agreed upon at a voluntary sale between an owner willing to sell and a purchaser willing to buy. 27 Am J2d Em D § …
24fair cash market value — Terms cash market value , fair market value , reasonable market value or fair cash market value are substantially synonymous. Fort Worth & D. N. Ry. Co. v. Sugg, Tex.Civ.App., 68 S.W.2d 570, 572 …
25fair cash market value — Terms cash market value , fair market value , reasonable market value or fair cash market value are substantially synonymous. Fort Worth & D. N. Ry. Co. v. Sugg, Tex.Civ.App., 68 S.W.2d 570, 572 …
26market value — The price a business, property or other commodity would bring if offered for sale in a fair market (i.e., not at auction or in a forced sale) without either buyer or seller being under compulsion. Also known as fair market value …
27fair market price — See fair market value …
28fair market price — See fair market value …
29market value — An alternative term for *fair market value …
30fair cash value — Actual cash value. The price which the property in question will bring in a fair market, after fair and reasonable efforts have been made to find the purchaser who will give the highest price; the fair or reasonable cash price for which the… …
