The definition of market value: Criteria for judging proposed definitions and an analysis of three controversial components
Language: English Series: Journal of Property Valuation and Investment ; 16(2) 1998, 159-174(16)Publication details: 1998Subject(s): Summary: Discusses the criteria for judging whether a proposed definition of market value is satisfactory or not. Considers the application of criteria relating to clearness of definition, measurability of the concept, and relevance of concept. Examines whether the definition should includes the condition that the parties act prudently or knowledgeably, conditions relating to willingness of buyer and seller and, should it refer to probable price, best price or average price. References.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS58873 (Browse shelf(Opens below)) | 1 | Available | 87025-1001 |
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Discusses the criteria for judging whether a proposed definition of market value is satisfactory or not. Considers the application of criteria relating to clearness of definition, measurability of the concept, and relevance of concept. Examines whether the definition should includes the condition that the parties act prudently or knowledgeably, conditions relating to willingness of buyer and seller and, should it refer to probable price, best price or average price. References.