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Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

I’ve written this basic guide as an introduction to the different levels of value so that users of appraisal services will be able to better determine what sort of appraisal reports would best suit their needs. Fair Market Value is also frequently encountered in equitable distribution and family distribution appraisal reports.

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Determining Fair Market Value Part I

International Society of Appraisers

While Canada’s definition of FMV differs from that in the US, there are many similarities that allow this general methodology to be applied to Canadian functions. Whether the donor declines to provide these details, or the appraiser determines the information is not relevant, this should be clearly documented in the appraisal report.