A value opinion developed to reflect the most probable price under a forced sale condition is:

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The situation described in the question pertains specifically to the concept of market value versus value opinions under special circumstances, such as forced sales. When an appraisal is conducted to determine a value opinion for a property under a forced sale condition, it often reflects a lower price due to the urgency of the sale and potential lack of ideal market conditions.

Market value, as defined in USPAP, is the most probable price a property should bring in a competitive and open market under all conditions requisite to a fair sale. This includes marketing for a reasonable time in usual conditions. A forced sale, however, does not align with these conditions as it usually involves time constraints, pressure, or other non-standard factors that disrupt the typical market dynamics.

Thus, a value opinion arrived at under forced sale conditions is inherently different from a traditional market value. It does not reflect the optimal price that would be achieved in an open and competitive market, hence it properly falls under the category of being not consistent with market value. This understanding reinforces the crucial distinction between typical appraisal practices and those circumstances that might compel a sale under less than ideal conditions.

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