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market value (FS-CMS)

Collateral Management System (FS-CMS)

The estimated price that a property would fetch in the open market conditions at a particular point in time. This value is derived based on usual way of business, actual property features such as type of usage and location and such other influencing factors.

Any unusual or personal circumstances are not taken into consideration. This is in line with 194 of the German Building Regulations.

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