Market value: the sacred cow
Horsley, G.J.
Market value: the sacred cow - 1992 - Journal of Property Valuation and Investment 10(4) Summer 1992, 694-700(7) .
Urges clarification of the meaning of value, recently clouded by further terms, such as fair market value or forced sale value, and a return to the theoretical base of valuation away from legal precedent. Looks at the role of TIAVSC.
DEFINITIONS
FORCED SALE VALUE
INTERNATIONAL ASSET VALUATION STANDARDS COMMITTEE
MARKET VALUE
RICS APPRAISAL AND VALUATION MANUAL
RICS
STATEMENTS ON THE VALUATION OF ASSETS
TIAVCS
Valuation
Market value: the sacred cow - 1992 - Journal of Property Valuation and Investment 10(4) Summer 1992, 694-700(7) .
Urges clarification of the meaning of value, recently clouded by further terms, such as fair market value or forced sale value, and a return to the theoretical base of valuation away from legal precedent. Looks at the role of TIAVSC.
DEFINITIONS
FORCED SALE VALUE
INTERNATIONAL ASSET VALUATION STANDARDS COMMITTEE
MARKET VALUE
RICS APPRAISAL AND VALUATION MANUAL
RICS
STATEMENTS ON THE VALUATION OF ASSETS
TIAVCS
Valuation