fair market value of a property is subjective and may vary according to time - acquisition cost may not be the current fair market value - ex: an acquired property in provident village marikina ten years ago may not have the same fair market value after typhoon ondoy. recession and other economic factors may also influence FMV.
Tuesday, January 31, 2012
fair market value of a property is subjective and may vary according to time - acquisition cost may not be the current fair market value - ex: an acquired property in provident village marikina ten years ago may not have the same fair market value after typhoon ondoy. recession and other economic factors may also influence FMV.
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