Journal article Open Access

THE CONSEQUENCES OF THE OMISSION OF THE PROPERTY RIGHTS STUDY IN THE REAL ESTATE ASSESSMENT PROCESS

Albu, Svetlana

The article focuses on property valuation. It examines the value, its qualitative and quantitative aspects through the static and dynamic prism; the essence of value and the factors of impact, behavioral aspects over time. The development of the evaluation in recent years has highlighted two directions: the financial and economic assessment centered on evaluation theory and the evaluation of financial investments, focused on evaluation theory. Property valuation takes place through the interference of economic, technical and legal sciences.

In recent years, international valuation practice has changed its vision of the subject of evaluation; the focus has been shifted from "real estate" to "property rights". The value of the property depends directly on the real estate property rights, along with the existing tasks. In the process of estimating value, neglecting the survey or superficial examination of real estate has serious consequences for both the owner of the good and the user of the valuation report as well as directly for value. In the article, this situation is exemplified using the case study method.

Files (427.4 kB)
Name Size
JES-2018-4_57-66.pdf
md5:e155b53c7074117faccbf9c8103748a6
427.4 kB Download
54
43
views
downloads
All versions This version
Views 5454
Downloads 4343
Data volume 18.4 MB18.4 MB
Unique views 5050
Unique downloads 3939

Share

Cite as