In any appraisal, it is vitally important that both the appraiser and the client understand the definition of value under which the assets will be valued. Our most common working definitions of value include:
- Market Value ‘In Use’
- Orderly Liquidation Value
- Forced Liquidation Value
- Market Value ‘As Is-Where Is’
- Replacement Value
- Actual Cash Value (Depreciated Replacement Value)
Contact us if you have questions about how value is defined, and we will happily assist.