standard sales price; appraised value for compulsory auction
Legal term used in real estate compulsory auctions. The minimum purchase price is typically set at 80% of this value. Compare with 買受可能価額 (minimum purchase price).
See also: 買受可能価額
The court determined the standard sales price of the real estate.
売却基準価額の8割が買受可能価額となる。
The minimum purchase price is set at 80% of the standard sales price.
The minimum purchase price in a compulsory auction, usually 80% of 売却基準価額.
Compound of 売却 (sale, disposal), 基準 (standard, basis), and 価額 (value, price). A technical legal term.