The International Valuation Standards market value basis of valuation is consistent with other discussions of market value in professional standards. USPAP itself does not contain a citable definition of market value. It describes market value instead.
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In 1833, Somerset contained county buildings, nine stores, six taverns, about 120 dwelling houses, and more than 600 inhabitants. As the village of New Lexington grew in importance, its residents began to agitate for the county seat to be moved to their community.