Get Sworn Statement Of The True Current And Fair Market Value Of Real Properties

Fair market value (FMV) is the amount for which property would be sold in a voluntary transaction between a buyer and seller, neither of whom is under any obligation to buy or sell. [

The assessed value of the property is defined by its fair market value multiplied by the assessment level fixed through ordinances. The assessed value may be defined as the property's taxable value. To get the taxable value of a property, you need to multiply the market value by the assessment level.

Based on Section 218 of the Local Government Code, these are the typical assessment levels: Residential: 20% Agricultural: 40% Commercial, Industrial, and Mineral: 50%

Or you either go to https://.bir.gov.ph/index.php/zonal-values.html (which will then give you a list of zonal values based on location, and prompt you to download the file for it) or call/visit your nearest BIR office to get the information.

For example, if a seller lists a home for $350,000, and an interested buyer offers $300,000, and the buyer and seller negotiate and agree on the purchase price of $310,000, that is the fair market value.

Look at comparable homes in your neighborhood then divide by square footage. Then take that dollar amount and multiply by the number of square feet in your home.

To compute for the book value per share = Net asset divided by No. of outstanding common shares. In this case, the book value of the shares of stock in ABC Corporation shall be Php 150 per share. As such, the fair market value of the shares of stocks in ABC Corporation shall be Php 150.

IPREA is a non-profit, valuer/appraiser professionals' organization based in UP Diliman. It is the sole Philippine member of the IVSC and the AVA.

Fair market value (FMV) is the amount for which property would be sold in a voluntary transaction between a buyer and seller, neither of whom is under any obligation to buy or sell. [

The assessed value of the property is defined by its fair market value multiplied by the assessment level fixed through ordinances. The assessed value may be defined as the property's taxable value. To get the taxable value of a property, you need to multiply the market value by the assessment level.

The assessed value of the property is defined by its fair market value multiplied by the assessment level fixed through ordinances. The assessed value may be defined as the property's taxable value. To get the taxable value of a property, you need to multiply the market value by the assessment level.

Based on Section 218 of the Local Government Code, these are the typical assessment levels: Residential: 20% Agricultural: 40% Commercial, Industrial, and Mineral: 50%

Or you either go to https://.bir.gov.ph/index.php/zonal-values.html (which will then give you a list of zonal values based on location, and prompt you to download the file for it) or call/visit your nearest BIR office to get the information.

For example, if a seller lists a home for $350,000, and an interested buyer offers $300,000, and the buyer and seller negotiate and agree on the purchase price of $310,000, that is the fair market value.

Look at comparable homes in your neighborhood then divide by square footage. Then take that dollar amount and multiply by the number of square feet in your home.

To compute for the book value per share = Net asset divided by No. of outstanding common shares. In this case, the book value of the shares of stock in ABC Corporation shall be Php 150 per share. As such, the fair market value of the shares of stocks in ABC Corporation shall be Php 150.

IPREA is a non-profit, valuer/appraiser professionals' organization based in UP Diliman. It is the sole Philippine member of the IVSC and the AVA.

The assessed value of the property is defined by its fair market value multiplied by the assessment level fixed through ordinances. The assessed value may be defined as the property's taxable value. To get the taxable value of a property, you need to multiply the market value by the assessment level.