Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
market approach
A method of appraising real property, by surveying the market and comparing the property to similar pieces of property that have been recently sold, and making appropriate adjustments for differences between the properties, including location, size of the property, and the dates of sale. - Also termed comparative-sales approach; market-compari,Sorl approach; market-data approach. ('f. (~OsT _\hPROACH; INCOME APPROACH.