Market Rent

The market rent (IVS©2017) is:

"the estimated amount for which an interest in real property should be leased on the valuation date between a willing lessor and a willing lessee on appropriate lease terms in an arm's length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently an without compulsion".

Value Terms

Definitions of Value Concepts of property

Market Value

Definitions of Value Concepts of property

Current Value

Definitions of Value Concepts of property

Market value (ipd)