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Customer Name:Equipment Rented (Equipment)Date:Fair Market Value (per unit, FMV)Rental Rate (per unit)Snowmobile Risk waiver and Agreement ___ I acknowledge and agree that my participation in renting
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www.lawinsider.com/clause/fair-market-value-per-fair-market-value-per is useful for individuals, businesses, and organizations that need to include a clause specifying the fair market value per in their legal contracts or agreements. This clause is commonly used in various types of contracts, such as lease agreements, purchase agreements, partnership agreements, and employment contracts. It helps define the method or criteria for determining the fair market value of a particular asset, property, or service. Having a fair market value per clause can protect the interests of parties involved by establishing a clear and objective valuation mechanism.
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The fair market value per is the agreed upon value of a property or asset based on what a willing buyer would pay to a willing seller in an open market.
Typically, parties involved in a transaction or agreement where fair market value is a crucial determinant.
To fill out the fair market value per clause, parties must agree upon the method of valuation and provide supporting documentation.
The purpose is to establish a fair and equitable value for a property or asset in a transaction or agreement.
Details of the property or asset, valuation method used, and any relevant factors influencing the fair market value.
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