Arizona § 28-7091 Definition of market value

Arizona Statutes

§ 28-7091 — Definition of market value

Arizona § 28-7091

Title 28Arizona Revised Statutes

Ch. 20STATE HIGHWAYS AND ROUTES

Art. 6Land Purchase, Sale and Condemnation

This text of Arizona § 28-7091 (Definition of market value) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 28-7091 (2026).

Text

For the purposes of this article, "market value" means the most probable price estimated in terms of cash in United States dollars or comparable market financial arrangements that the property would bring if exposed for sale in the open market, with reasonable time allowed in which to find a purchaser, buying with knowledge of all of the uses and purposes to which it was adapted and for which it was capable.

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For the purposes of this article, "market value" means the most probable price estimated in terms of cash in United States dollars or comparable market financial arrangements that the property would bring if exposed for sale in the open market, with reasonable time allowed in which to find a purchaser, buying with knowledge of all of the uses and purposes to which it was adapted and for which it was capable.