Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
fair 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 … Black's law dictionary
cash market value — Price which property would bring if offered for sale by one who desired to sell but was under no obligation to sell, and was bought by one who desired to buy but was under no necessity to buy. Urban Renewal Agency of City of Lubbock v. Trammel,… … Black's law dictionary
cash market value — Price which property would bring if offered for sale by one who desired to sell but was under no obligation to sell, and was bought by one who desired to buy but was under no necessity to buy. Urban Renewal Agency of City of Lubbock v. Trammel,… … Black's law dictionary
fair market value — The amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts. By fair market value is meant the price in … Black's law dictionary
fair market value — The amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts. By fair market value is meant the price in … Black's law dictionary
market 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… … Black's law dictionary
market 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… … Black's law dictionary
Fair market value — (FMV) is a term in both law and accounting that is based on the economics term of market value. It is also a common basis for assessing damages to be awarded for the loss of or damage to the property, generally in a claim under tort or a contract … Wikipedia
Market value — For values of entire markets, see Market size. Market value is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with open market value, fair value or fair market value, although… … Wikipedia
fair cash value — The phrase is practically synonymous with reasonable value, fair market value, and actual cash value, meaning the fair or reasonable cash price for which the property can be sold on the Fair cash value for property tax purposes is interpreted as… … Black's law dictionary
