Amount of excess over the assessed value of the property – definition and meaning of "Amount of excess over the assessed value of the property"

The amount of the excess valuation of property — the amount of the excess valuation of property retained by the creditor in enforcement proceedings over the amount of the secured claim is returned to the debtor¹.

Federal Law No. 195-FZ dated July 19, 2009, "On Amending Certain Legislative Acts of the Russian Federation" dated July 19, 2009, as amended on July 19, 2009, Article 3, subpara. b // RSZ RF. 2009. No. 29. Art. 3632. ↩