Principles of Property Valuation

Mohammed Ibrahim , Last updated: 26 July 2013  
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Fair Market Value (FMV) / Open Market Value (OMV): Price is a fact, value is an estimate what the price ought to be and worth is what it is worth to an individual. FMV / OMV is if one sells in open market under normal condition what it would fetch that has to be construed as FMV / OMV

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Published by

Mohammed Ibrahim
(Registered WT Valuer - Arbitrator - Architect.)
Category Others   Report

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