OMV is what a buyer would pay for it on the open market for any use. As
opposed to a private agreement where someone might pay more & you would have
to show that this did not constitute a sale of goodwill (if you are looking
at it in the context of a GMS or PMS contract)
Fay
----- Original Message -----
From: "Paul Bromley" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Saturday, February 26, 2005 6:09 PM
Subject: Open Market Value Applied to surgery valuation
> If this phrase appeared in your practice agreement regarding the terms of
> a
> valuation with NO qualifiers, how would you interpret it? I assume that it
> is just that - i.e. a property comes on the market for sale and open
> market
> value would be the best valuation for it for any use - surgery,
> commercial,
> residential or development. Am I wrong in believing this to be the case?
>
>
> Best wishes
>
> Paul Bromley
>
>
>
>
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