CalculationThe main calculation itself is pretty straight forward:Buy-out Cost = 0.5*(FMV-Mortgage)This would take into consideration any built-up equity over time.FMV would be determined from 1 or 2 appraisals OR how much similar units are selling for (if it's a condo being sold).Costs Associated with SellingFor a portion of the cost associated with selling the property (Legal/Bank Fees/Realtor Fees), I've tried to search around and gathered the following FOR/AGAINST arguments for including such fees:FOR including the fees:There should be a 'penalty' for pulling out of a long-term partnership.If the surviving partner sells at some point, he takes the whole portion of the cost himself.AGAINST including the fees:The surviving partner has the option to conduct a For Sale By Owner, or use services such as ComFree, in which case no major realtor percentage fee would be paid.The surviving partner may choose to never sell.The surviving partner would still have a cash-flowing asset that is likely to appreciate.Based off these arguments, I think what might be fair is the normal Buy-out Cost calculation, minus a nominal percentage.

There is a nominal yearly fee for this group (I believe it's 55 dollars), which is used to cover soft drinks, a sandwich tray, and renting of meeting space. 

If you plot the nominal values (non inflation adjusted) and inflation on the same graph, and normalize the two to match at some point in the past, you would see that they track roughly together from about 1950 until the late 1990s.

Park owned homes you do include a nominal value for the homes.  

I have a commercial property owned by one LLC & rented out space to my other 'management' LLC at a nominal rate.The IRS auditor didn't agree..but they did allow me to take a full office deduction with a pro rata treatment of expenses etc.The latter proved to be a much better (creative) deduction.

Whereas the people who made an investment, even a nominal one, were much more likely to actually apply it; and,c) It (can be) a great "multiple stream" of income.

If, in addition, you found this deal, you would be entitled to a nominal finders fee, say $5k.

Mom passed away last year and I know she is smiling down from heaven that her home was nominated for this award.

You certainly don't want the agent agreeing to some nominal amount of money to "settle" the situation.

Hey Ned Carey and Dean Letfus - suppose I had a deal under contract and I only had $10 of earnest money into the deal (or some other nominal amount).