Kuye Olusegun

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VALUATION PRINCIPLES

Knowledge of basic assumptions, postulates or premises that underlie appraisal methods is essential to an understanding of the purpose, methods and procedures of valuation. Principles of valuation influence the general understanding of the appraisal process. these principles include the following:
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VALUATION MADE EASY

It is a widely held view in certain school of thought that valuation is a subjective subject. The implication of this view is that valuation of real estate assets is based largely on personal opinions but, which anchored on:
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VALUATION BRIEF

Letter of Intent from client: To engage the services of an Estate Surveyor and Valuer, say for the valuation of the assets of a company or corporation, the first step is to get in contact with the firm by issuing a Letter of Intent requesting that the firm undertakes to…
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VALUATION ASSUMPTION

This is a supposition taken to be true. It involves facts, conditions or situations affecting the subject of, or approach to, a valuation that, by agreement, need not be verified by the member as part of the valuation process.
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VALUATION: Meaning

Valuation simply means the estimation or assessment of worth of a particular asset for a particular purpose and for a given period of time. It seen as the art and science of estimating or determining the monetary worth or value of an interest in a property for a specific purpose,…
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URBAN RENEWAL

Urban renewal is the process aimed at social upgrading through physical improvement of existing urban settlement to eliminate blight through survey and planning. In its widest sense, urban renewal covers the rehabilitation of an area by improvements, which need not necessary amount to rebuilding, and...
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TWILIGHT AREA

The term twilight area refers to those obsolescent areas which although, in decline have not deteriorated into slums but certainly within a short period unless it is checked. In many ways, twilight areas pose greater problems than slum areas because they have a measure of use and value and it…
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TRUST

A trust is a legal relationship whereby a person called trustee undertakes the obligation to deal with property over which he has control (called the trust property) for the benefit of persons called beneficiaries of whom he may himself be one.
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