Market value
The market value (even daily value ) is determined by a specific price agreed amount of an asset at the time of the transaction. The result of estimation is always a value and not price. The estimated fair value of an object is determined by orientation to compare objects and remains abstract. The term price is objective and concrete. It manifests itself only when actual sale. As long as the value is not realized, it represents only a money claim from the provider or a bid price of demander dar. Only when some buyers and sellers in the negotiation process to a certain value and conclude a sale, created the realized price.
In many cases, no price will be determined on the basis of a transaction. Therefore, alternative definitions are common in different areas: In the commercial rules of the market value by the value or the fair value will be deemed, in tax law by the market value or the present value.
Market value of companies
The market value of businesses is or can be prepared by various methods (eg Stuttgart method, discounted cash flow or income approach ). Here are all the business-related aspects into account.
See also Main article business valuation.
Market value of real property
Legal definition can be found, inter alia, the market value in § 194 of the Building Code ( Building Code ): " It is determined by the price, which at the time referred to by the identification, in the ordinary course of business on the legal situation and actual properties of the other attributes and the location of the property or of any other subject the valuation could be achieved without regard to unusual or personal circumstances. "
The market value is according to the guidelines for the determination of the fair values (market values ) of land (real estate valuation Regulation ( ImmoWertV 2010) earlier Valuation Guidelines - WertR 2006) determined. See also Main article market value ( real estate).
Market value of motor vehicles
To differ from the parent term value or the market value (motor vehicle), replacement value, value, etc. The definition of § 10, FL " The fair market value is determined by the price that would be received in the ordinary course of business according to the nature of the asset at a sale", applies to federal statutory duties and contributions, etc., and is therefore not to be taken for the assessment of damages legal issues.
The term ensures that the quality of the seller open ( dealer or private ). In practice, the term market value ( " market time value " is misleading and should be avoided) on the sale of used "owners " and according to experience between the replacement value (eg EurotaxGlass's -yellow) and the dealer purchase price (eg EurotaxGlass's - blue).