... towards “Marktwert”, taking up the recommendations of the International Valuation Standards Council (IVSC). Both terms would translate by market value. These concepts clearly differ from the approach of British valuers who defined until 2003 the open market value (OMV) as the “best price...

... Manual (e.g. market value (MV) or open market value (OMV)), the valuer is instructed to view the transaction through the eyes of a hypothetical buyer. The valuer must consider all possible buyers in the market in order to identify the “best” price likely to be forthcoming. In performing this task...

... cases, it is not controversial whether a certain case fulfils the definition or not. © MCB UP Limited 1998 Open market value Prices The definition of market value has been controversial for a long time[ 1 ]. In recent years, two developments explain an increased interest...

... than any trade off of present rental holiday against higher rent in the future. Addresses the capital valuation question after a review of the basis of the valuation and the present state of the debate on rental issues. Capital value Inducements Open market value Property Rent Rental value...

... and valuation for mortgage purposes. cites case law regarding the difference between open market value and mortgage calculation. Concludes that the valuation for mortgage purposes may lead to an entirely different conclusion from open market value. Fraud and Negligence Claims against Surveyors Received...

... gain. Concludes that many in the property business will have to become more conversant with the mysteries of contamination. © MCB UP Limited 1993 Valuation Contamination Pollution Development grants Planning (Town and Country) Property Open market value Valuation of Contaminated...

... conventions for adjusting comparative evidence to allow for the specific physical and legal characteristics of individual properties. Concludes by questioning the need to test valuation convention against market evidence and the notion of open market value is reassessed. © MCB UP Limited 1992 Open...

... them. Deals with the concept of forced sale and makes reference to the vital role of the International Asset Valuation Standards Committee. © MCB UP Limited 1992 Assets valuation Open market value Property management Valuation Market Value: The Sacred Cow Received (in revised form...

... elements of the valuation. Concludes that through the endeavors of insolvency practitioners positive results can quite often follow. Valuing Property in Receivership Received (in revised form): 25th February, 1992 Brian A. Burgess Keywords: Insolvency valuation open market value forced sale sales...

..., the appraisal methodology of the appraiser and the internal analysis of the investor. Concludes that the process of real estate appraisal is intrinsically linked to the cultural and statutory process of the subject market. Appraisals Real estate Open market value USA Valuation Investment Valuation...

... in connection with ventilation to flat roofs as the professional journals were warning surveyors about the problem, even though the matter had not become mandatory at that time. 'The definition of open market value is the best price at which the interest in the property might reasonably be expected to be sold...

... and valuations, the value being determined between the supply and demand criteria in any particular market. Valuations: A Problem Solving Imperative Received: 1st January, 1990 R. T. M. Whipple Keywords: Market valuation appraisal normative modelling open market value Summary Prologue At a time when...

... but the changed format makes it more user‐friendly. © MCB UP Limited 1991 Assets Depreciated replacement costs Open market value Surveyors Valuation The Statements of Asset Valuation Practice and Guidance Notes (The Red Book) Received: 18th February, 1991 Andrew Cherry Keywords: Asset valuations...

... qualified students need to be persuaded to opt for what is probably the least known discipline within the profession. Insurance Open market value Plant and machinery Valuation Plant and Machinery Valuation Received: 5th November, 1990 Chris Derry Keywords: Plant and machinery insurance valuation...