CFR > Title 43 > Subtitle B > Chapter II > Subchapter B > Part 2540 > Subpart 2540 – Color-of-Title: Authority and Definitions
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§ 2540.0-3 | Authority |
§ 2540.0-5 | Definition |
Terms Used In CFR > Title 43 > Subtitle B > Chapter II > Subchapter B > Part 2540 > Subpart 2540 - Color-of-Title: Authority and Definitions
- Appraisal: A determination of property value.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.