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<br />MARKETVALlJE DEFINED <br /> <br />Market Value is defined as "The most probable price in terms of money which <br />a property should bring in a competitive and open market under all <br />conditions requisite to a fair sale, the buyer and seller, each acting prudently, <br />knowledgeably and assuming the price is not affected by undue stimulus." <br />Implicit in this definition is the consummation of a sale as of a specified date <br />and the passing of title from seller to buyer under conditions whereby: <br /> <br />. Buyer and Seller are typically motivated. <br /> <br />· Both parties are well informed or well advised and each acting in what <br />they consider their own best interest. <br /> <br />· A reasonable amount of time is allowed for exposure in the open <br />market. <br /> <br />· Payment is made in cash in U.s. dollars or in terms of financial <br />arrangements comparable thereto; <br /> <br />· The price represents the normal consideration for the property sold <br />unaffected by special or creative financing or sales concessions granted <br />by anyone associated with the sale. <br /> <br />">\':'; <br />