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1. Dictionary

   Fair-mar·ket val·ue

   noun

   • 1. a selling price for an item to which a buyer and seller can agree.

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2. www.investopedia.com › terms › fFair Market Value (FMV): Definition and How to Calculate It - ...

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   Jun 15, 2024 · What Is Fair Market Value? Fair market value is the price that an asset would sell for under current market conditions, assuming that both the buyer and the seller are...

3. www.merriam-webster.com › dictionary › fair market valueFair market value Definition & Meaning - Merriam-Webster

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   Jun 30, 2024 · The meaning of FAIR MARKET VALUE is a price at which buyers and sellers with a reasonable knowledge of pertinent facts and not acting under any compulsion are willing to do business.

4. www.bankrate.com › real-estate › fair-market-valueFair Market Value: What It Is, How It's Calculated | Bankrate

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   Dec 19, 2023 · A home’s fair market value is, in a nutshell, the price that a buyer would pay a seller in an open market. Many factors go into determining it, including location, size,...

5. www.investopedia.com › terms › fFair Value: Its Definition, Formula, and Example - Investopedia

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   Feb 16, 2024 · Fair market value (FMV) is the price of an asset when buyer and seller have reasonable knowledge of it and are willing to trade without pressure.

6. smartasset.com › financial-advisor › fair-market-valueWhat Is Fair Market Value (FMV) and How Is It Calculated? -...

   smartasset.com › financial-advisor › fair-market-value

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   Apr 19, 2023 · The fair market value is the price at which a property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

7. www.wallstreetprep.com › knowledge › fair-market-valueFair Market Value (FMV) | Definition + Property Example - Wall...

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   Feb 20, 2024 · What is Fair Market Value? The Fair Market Value (FMV) refers to the current price that interested buyers in the open market are willing to pay to purchase a certain asset, such as property.

8. www.law.cornell.edu › wex › fair_market_valuefair market value | Wex | US Law | LII / Legal Information...

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   The fair market value (FMV) is the value of property as determined by the marketplace (or objective purchasers) rather than as determined by a subjective individual.

9. investinganswers.com › dictionary › fFair Market Value Definition & Example | InvestingAnswers

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   Oct 1, 2019 · What is Fair Market Value? Fair market value is the price at which a willing seller sells a good or service to a willing buyer.

10. www.fool.com › terms › fFair Market Value (FMV) Explained | The Motley Fool

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    Jun 5, 2024 · Fair market value (FMV) is the price that an asset would realistically sell for on the open market. Learn about how FMV is used and why it's important.

11. fincent.com › glossary › fair-market-valueUnderstanding Fair Market Value (FMV) & How to Calculate It

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    Fair market value (FMV) is the price a product would sell for on the open market if both buyer and seller are reasonably knowledgeable about the asset, acting in their own best interests, are not under undue pressure, and are given a reasonable time period to complete the transaction.