Realized Value Law and Legal Definition

According to 15 USCS Appx 12 CFR § 213.2 (m), [Title 15. Commerce and Trade; Chapter 41. Consumer Credit Protection; Consumer Leasing. (Regulation M)] the term realized value means:

“(1) The price received by the lessor for the leased property at disposition;

(2) The highest offer for disposition of the leased property; or

(3) The fair market value of the leased property at the end of the lease term.”