16234 Lecture Notes - Lecture 1: Goods And Services Tax (Canada), Capital Gains Tax, Macquarie Dictionary
Document Summary
Role of valuers: experts in establishing value of real property and chattels e. g. property valuers, car valuers, art valuers, jewellery valuers, plant and equipment valuers etc. Independent advice based upon sound reasoning and evidence. An estimating or fixing of the value of a thing, a value estimated or fixed, estimated worth . Valuation is a method of investigation by insistence of careful appraisal and measurement. It purports to establish a money value for land and buildings both urban and rural. australian. The purposes for which valuations can be made may be divided into two main categories: Nsw - land acquisition (just terms compensation) act, 1991. Insurance replacement: purchase of real estate, sale of real estate, mortgage purposes, family law, feasibility for proposed development, rental determination, value of assets for company, share dividends, strata title unit entitlement. Factors that affect usefulness include zoning, location, topography, size and shape: worth this is normally expressed in monetary terms.
