Fair market value
Commercial property & real-estate term
The value of an item as established by a consideration of how much an independent buyer would pay to an independent seller in a completely free transaction for the item.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “F”
Floor area ratio (far) Firm offer Fiduciary Finder's fee Forced sale Forward (income) yield Financial risk Flex space