fair market values (Meaning)

fair market values

a price at which buyers and sellers both having reasonable knowledge of the property and being under no compulsion are willing to do business, a price at which buyers and sellers with a reasonable knowledge of pertinent facts and not acting under any compulsion are willing to do business

fair market values Sentence Examples

  1. The property's fair market value was estimated through a thorough appraisal.
  2. The fair market values of the donated items exceeded the tax deduction limit.
  3. The insurance policy covers the fair market value of the damaged goods.
  4. Determining the fair market value of an inherited estate can be challenging.
  5. The appraiser considered comparable sales and recent market trends to determine the fair market value.
  6. The fair market value of the car was adjusted to reflect its condition and mileage.
  7. The court ordered the fair market value of the seized assets to be distributed among the creditors.
  8. The fair market value of the stock options was calculated using a complex formula.
  9. The fair market value of the land was significantly higher than its purchase price.
  10. The assessor used the fair market values of properties to determine the property tax rates.

FAQs About the word fair market values

a price at which buyers and sellers both having reasonable knowledge of the property and being under no compulsion are willing to do business, a price at which

fees, costs,market values, values, damages, price tags, asking prices, freights, valuations,prices

No antonyms found.

The property's fair market value was estimated through a thorough appraisal.

The fair market values of the donated items exceeded the tax deduction limit.

The insurance policy covers the fair market value of the damaged goods.

Determining the fair market value of an inherited estate can be challenging.