Arizona Revised Statutes Title 28. Transportation § 28-7091. Definition of market value
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For the purposes of this article, “market value” means the most probable price estimated in terms of cash in United States dollars or comparable market financial arrangements that the property would bring if exposed for sale in the open market, with reasonable time allowed in which to find a purchaser, buying with knowledge of all of the uses and purposes to which it was adapted and for which it was capable.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 28. Transportation § 28-7091. Definition of market value - last updated March 08, 2022 | https://codes.findlaw.com/az/title-28-transportation/az-rev-st-sect-28-7091/
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