What does RV and LV mean in real estate advertisements?
sassw asked:
You know when you look at a Property Press or something and you read the description of the house etc… and then it has LV $240,000 RV $460,000 or whatever… what does that mean?
Question posted courtesy of: Rachel
You know when you look at a Property Press or something and you read the description of the house etc… and then it has LV $240,000 RV $460,000 or whatever… what does that mean?
Question posted courtesy of: Rachel












You Ask, We Answer
January 7th, 2008 at 9:32 pm
Land value??
Rateable Value
January 10th, 2008 at 12:10 am
Rv is registered valuation and think lv is the land value.