Schätzwert
Schätzwert is a German term that translates to "estimated value" or "valuation" in English. It refers to an approximate value that is determined based on available information, assumptions, and professional judgment, rather than precise calculation or market transaction. Schätzwerte are commonly used in various contexts where an exact figure is not readily available or feasible to obtain.
In the realm of real estate, a Schätzwert might be an appraisal of a property's worth before
Legal and administrative proceedings also frequently employ Schätzwerte. For instance, in inheritance cases or when settling