The best definition of fair market value is the
A) value as determined by a fee appraisal.
B) highest price a seller can get for his property.
C) tax assessed value.
D) price a willing buyer will pay and a willing seller will accept, given a reasonable amount of time to effect the sale.
Correct Answer:
Verified
Q2: The method used to compute a gross
Q3: In making an appraisal by the market
Q4: The definition of fair market value requires,
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Q8: In valuing a fire station, an appraiser
Q9: Net operating income on rental property is
Q10: Which appraisal method would be most useful
Q11: The amount of money required to duplicate
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