Basies of Value Flashcards
1
Q
MV 1
A
Estimated amount
Asset or liability
Should exchange
In valuation date
2
Q
MV 2
A
Willing buyer
Willing seller
Arms length
Proper marketing
3
Q
MV 3
A
Knowledgeably
Prudently
Without compulsion
4
Q
MR 1
A
Estimated amount
Interest in real property
Should be let
On the valuation date
5
Q
MR 2
A
Willing lessor
Willing lessee
On appropriate terms
6
Q
MR 3
A
Arms length
Proper marketing
7
Q
MR 4
A
Knowledgeable
Prudently
Without compulsion
8
Q
FV
A
Price
Orderly transaction
Market participants
Measurement date
9
Q
IV
A
Value of an asset
To individual
