Real estate appraisal is the most common type of assessment and includes the determination of the value of the object (the legal rights to it) for the subsequent transaction between the seller and buyer. Market Real estate markets are divided into sales and rentals. According to Article 130 of the Civil Code, 'to real things (real estate, real estate) include land, subsoil, isolated water bodies and all that is firmly connected with the land, that is, objects that are moving without disproportionate damage to their purpose is not possible, including forests, perennial plantings, buildings. To the immovables are also subject to State Registration of aircraft and vessels, inland vessels, space objects. If you would like to know more about Greg Williamson, then click here. Law to the real things can be related and other assets.
" Ownership of the property occurs in purchaser of property from the date of its registration is terminated and the alienation of the owner of his property to others, the refusal of the owner of property rights, loss or destruction of property and loss of the right own property in other cases stipulated by law. When making any real estate transactions, usually the object of such operations are the: Buildings, structures, living quarters, work in progress construction; Land, forests; Air, water vessels and space objects precisely on this principle and classified real estate in general. Assessment of buildings. Evaluation of buildings – one of the most popular services on the the market today. The most common assessment of the building is ordered to obtain a bank loan or determining the property value for an insurance company. It is also often performed to estimate the contribution of the building in the share capital and statement on the company's balance sheet. Evaluation facilities. In assessing the structures, facilities assessment, as a rule, tanks, reservoirs, roads, bridges, tunnels, pipelines, cable lines, power lines, railroad tracks, facilities improvement, etc.
In most cases, structures taken separately as real estate are unable to generate income and have value only as part of the property kompleksa.Pri assessment is desirable to provide the appraiser access to the building or room. As a result of visual inspection, the appraiser can get the data that are missing in the provided documents that can be not included in the process of the evaluation report. Estimation of the ground. In assessing land / land for customer evaluation should pay attention to his specific purpose and permitted uses. In this assessment is based on the principle of the most efficient use of land, ie market value of land is determined on the basis of such use of the site, which is most likely physically possible, it is reasonable warranted to comply with current legislation and financially feasible, resulting in a maximum estimated value of the cost of land. For example, the following types of purpose and permitted use: land settlements; agricultural land; land in the summer community and horticultural associations; Forest land Fund, etc. Assessment of sea and river vessels, aircraft and space objects. This may be the ships near and far (mixed) sailing, boats, yachts, ships and submarine-based water, planes, helicopters and t.d.Soglasno Article 130 of the Civil Code, 'to real things … are subject to state registration, air or sea vessels, inland navigation, and space objects. " However, from an economic point view, because of its functional and structural properties, all vessels should be viewed as one of the classes of transport, machinery and equipment, which requires its own evaluation methods. Source: Company Spetsotsenka. Article from Filed Under Real Estate Appraisal