Difference between assesed and market value. 

Market value:

It is that value of the property (movable or immovable) for which the buyers are willing to pay a certain amount of money.

Whereas,

Assessed value :

It is that value of the property (movable or immovable) which has been assessed by a valuer.

Parameters to determine market value.

1. The entire economy of that particular country.

2. Every economic sector is linked to everyother sector.

Parameters to determine assessed value.

1. The current condition of the property (movable or immovable).

2. The location where it is situated.

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Published by shreyasshamshrikant

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