"The market value is a result of the price evaluated on the point of time of the valuation which ought to be obtained according to usual legal business volume circumstances and the actual facts, the further quality and the location of the property without considering extraordinary or personal conditions." *
The valuation of the market value is based on the ImmoWertV.
* Free Translation from §194 Baugesetzbuch – Town and Country Planning Code (Ausfertigungsdatum: 23.06.1960, neugefasst durch Bek. v. 23.9.2004, zuletzt geändert durch Art. 4 G v. 31.7.2009)