When the government exercises its power of eminent domain to take private property for public use, the U.S. Constitution requires it to provide “just compensation” to the property owner. But what does ...

A home’s fair market value is, essentially, the price that a buyer would pay a seller for it on the open market. Many factors ...

In the world of real estate, it is common to use fair market value (FMV) as a way of describing the value of real estate or rents payable. However, perhaps not often considered is the issue that the ...