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!
Evaluation of real estate in the temporarily occupied territories is needed in particular when registering an inheritance or dividing property in court during a divorce. Although there are many more cases when it is necessary to evaluate such property. Let’s figure out whether it is possible to determine the market value of property in the uncontrolled territories of Ukraine. This issue is not as simple as it may seem at first glance.
For all customers who order expert evaluation of property of any kind, it is important to understand that the result of the appraiser’s work is an «evaluation report». This is a fairly long multi-page document, the content of which is clearly regulated by law.
Ending family life through divorce often results not only in trauma, but also in significant financial loss. We want to tell you how property, financial assets and divorce debts were divided by law. What is important to pay attention to this undoubtedly unpleasant process passed without unnecessary nerves, hassle and delay.
The difference is huge! Because according to the law, each of our work necessarily has a function for which it is performed. And depending on this purpose, the procedure of service provision itself changes.
The answer to this question is not so easy to get. After all, in the legislation the term of validity of the report on the valuation of property is not sufficiently clear. And not for all works.
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.
The confusion between these concepts is likely to be misleading for first-time customers. In fact, everything here is quite simple. And the question is easy to understand even a man far from legal science. These two concepts are very similar, but the seemingly insignificant differences are actually very important! Our material will help to understand.
The preparation of documents for presentation in court is a responsible job. On what you should draw your attention to win a case, and not lose time with money.
Let’s start with what is the price and what is the cost. Price is an actual amount of money, which passes from buyer to seller for a particular product or service. So the price is a specific fact. Cost versus price is an estimate, not an actual value , which reflects the monetary value of some property.
We present to your attention a list of the most common questions of our clients and answers to them. These issues relate to the expert evaluation of a variety of properties and property rights. Of course, most relate to the procedure for determining the value of real estate, especially apartments. In this section we have collected a lot of interesting and useful information. Welcome!
In modern life, we often encounter such a concept as independent evaluation (it is also often called “expert evaluation”). Let’s find out what it is and why you need such a service.