Real Market Value definition

Real Market Value for land means the current market value of the property (not including improvements) assigned to the land within the tax lot, adjacent riparian tax lot, or comparable tax lot by the county tax assessor.
Real Market Value means real market value computed in accordance with ORS 308.207.
Real Market Value means real mar- ket value computed in accordance with ORS 308.207.

Examples of Real Market Value in a sentence

  • Real market value is the standard used throughout the ad valorem statutes except for special assessments.

  • DATA AND SAMPLE SHARING Dr. Brewer or Dr. Galasko and the ADRC participate in the National Alzheimer’s Coordinating Center (NACC), where data from 29 Centers in our program is shared for scientific analysis.

  • Real market value and assessed value were required to be equal by state law prior to fiscal year 1998.

  • Real market value is defined in ORS 308.205(1),4 which reads: “Real market value of all property, real and personal, means the amount in cash that could reasonably be expected to be paid by an informed buyer to aninformed seller, each acting without compulsion in an arm’s-length transaction occurring as of the assessment date for the tax year.” The assessment date for the 2012-13 tax year was January 1, 2012.

  • Real market value is the real market value computed according to ORS 308.207 from the assessment rolls last in the process of collection.(2) Before adopting the budget, the governing body for a municipal corporation described in subsection (1) of this section shall consider and take appropriate action on any orders, recommendations or objections made by the tax supervising and conservation commission.

  • Real market value (RMV) is typically the price your property would sell for in a transaction between a willing buyer and a willing seller on January 1, the assessment date for the tax year.Maximum Assessed Value (MAV)A property’s maximum assessed value (MAV) is the taxable value limit established for each property.

  • In the case of Station Communities, the Station Community buffers, as depicted on the 2040 Map, were used.‌ Table 3: Industrial redevelopment economic filter by market subarea Note: Real market value from county assessors is used for calculating values These economic filters define the BLI’s supply of tax lots that may redevelop over a 20-year timeframe.

  • Sample study area evaluation for Hillsdale Source: ECONorthwest.Note: Real market value figures exclude public, institutional, and residential uses.

  • For example, in Romans 3:9–18, when Paul wants to prove that everyone is unrighteous before God, he piles on several Old Testament verses, one after another.

  • Table 3: Commercial redevelopment economic filter by market subarea Note: Downtown Portland is zoned MUR, so is handled with the residential redevelopment methods.Real market value from county assessors is used for calculating values Table 4: Industrial redevelopment economic filter by market subareaNote: Real market value from county assessors is used for calculating values These economic filters define the BLI’s supply of tax lots that may redevelop over a 20-year timeframe.


More Definitions of Real Market Value

Real Market Value. (“RMV”) means the lower of RMV established by the tax assessor for the year in which the TFRP was acquired or the year of the Sale Date.
Real Market Value means “the amount in cash that could reasonably be expected to be paid by an informed buyer to an informed seller, each acting without compulsion in an arm’s-length transaction occurring as of the assessment date for the tax year.” ORS 308.205(1).

Related to Real Market Value

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows: