![]() | The law imposes clear restrictions on who can be a customer of property valuation. This nuance may lead to the invalidation of the record with all its ensuing consequences. |
Rubric: Independent Property Evaluation
A huge number of articles are devoted to property valuation. Both on our site and on the resources of other valuation companies. However, there are no fewer questions from clients regarding this topic. And this is primarily due to the fact that there is a huge amount of property. The approaches to determining the value of items of different types vary considerably. In fact, there is a huge difference between valuing a laptop and determining the market value of a truck.
Independent evaluation – is the correct name of services to determine the market value of the property provided by appraisers. It is this name that appears in an overwhelming number of legislative acts, with the exception of legal documents relating to the valuation of land (expert valuation of ground areas).
Despite this, historically, most customers have called an independent expert evaluation. The meaning of the word «independent» in the name of the service underlines the fact that the involved specialist in no way should be interested in any results of the valuation. The law even prescribes cases in which the appraiser has no right to determine the value of the property because he has a conflict of interest. It is clear that when drafting documents for presentation in court, it is an independent evaluation of the value of anything. Otherwise, her results would be foolish to take into consideration.
That is why in the course of our work we constantly fill the site with articles, and this section with new information on the topic. Each article is the answer to a question asked by one of our clients. Most of the articles are, of course, of a general, overview nature. But some open narrowly focused questions, describe the features of evaluation in a particular case.
We will be glad to answer and even write an article on your proposed topic. If you have an idea of the material on the site, please write to us. With pleasure and with the benefit of other customers we will help you with your question!
How is property valuation different from expertise?
What is the market value
Question-answer (FAQ)
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