VALUATION
The word “valuation” has a very broad meaning. Literally it means opinion on the value of something. In our case it means defining the value of an object as of a specific date and for a specific purpose. Valuation means a set of activities aimed at estimating the value of the object resulting in the valuer’s reasoned report on the value of the object as of the date of valuation. Buildings and facilities, land, equipment, vehicles, intangible assets, enterprises as operating businesses and other assets can be appraisal objects. Need for valuation arises for carrying out the following functions: property investment in a legalRead More →