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Forced Sale Value (FSV)

  • When a property must be sold to satisfy a debt, those responsible for selling must act with due diligence to ensure the owner is not deprived of an open market value.
  • E.g. The Court of protection - has a duty when selling a property to secure a fair and reasonable price.  I.e. not merely accept a forced sale value for convenience.
Published: 28 September 2015 Last Updated: 17 November 2021