Below Market Value definition

Below Market Value means sale prices of the properties are to be marketed for sale to Non-Profit Housing Providers to develop Non-Market Housing under this policy. This shall mean the sale is less than current market value, but may include the cost of the property incurred by the City plus costs of sale (e.g. road plan registrations, environmental assessments as needed, etc.).
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Below Market Value means 80% of the Fair Market Value of the Affordable Unit from time to time.
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Below Market Value means 85% of the Fair Market Value of the Affordable Unit from time to time;
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More Definitions of Below Market Value

Below Market Value means eighty-four percent (84%) of the Fair Market Value of a Property as determined pursuant to Section 7.8;
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Below Market Value means seventy (70%) percent of the Fair Market Value of the Affordable Housing Unit from time to time;
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Below Market Value means thirty (30) percent below the Fair Market Value of the Affordable Housing Unit from time to time;
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Related to Below Market Value

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Average Market Value is the average of the closing sale prices of the Common Stock during the thirty (30) day period immediately preceding the date before the redemption date on the Composite Tape for New York Stock Exchange Listed Stocks, or, if such stock is not quoted on the Composite Tape, on the New York Stock Exchange, or, if such stock is not listed on such Exchange, on the principal United States securities exchange registered under the Securities Exchange Act of 1934, as amended, on which such stock is listed, or, if such stock is not listed on any such exchange, the average of the closing sale prices with respect to a share of Common Stock during such thirty (30) day period, as quoted on the National Association of Securities Dealers, Inc. Automated Quotations System or any system then in use, or if no such quotations are available, the fair market value of the Common Stock as determined by the Board of Directors in good faith.