Difference between revisions of "Fair market value"

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'''Fair market value''' is the value for which a reasonable seller would sell an item of [[property]] and for which a reasonable buyer would buy it.  
 
'''Fair market value''' is the value for which a reasonable seller would sell an item of [[property]] and for which a reasonable buyer would buy it.  
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[[category:legal terms]]
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[[Category:Legal Terms]]

Latest revision as of 19:48, April 23, 2008

Fair market value is the value for which a reasonable seller would sell an item of property and for which a reasonable buyer would buy it.