Market Discounts for Undivided Minority Interests in Real Estate

Download a PDF of this entire article

Fall/Winter 1988, Vol 13, No 2

Abstract: Undivided minority interests in real estate seldom sell by themselves or separate from the sale of the entire property. Consequently, there is an extreme lack of market data concerning the sales of such interests. Research described in this article indicates the amount of the discount depends upon the circumstances surrounding the minority interest that is being valued.