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Property Valuation: When Do We Need It, What Are The Methods and How to Choose Them?
Property valuation methods are used to estimate the value of real estate for a variety of purposes, including legal disputes and tax assessment. Properties are valued for many different reasons, and it is real art to ideally value a property.
When Do We Need Property Valuation?
Property valuation is used in the following ways:
-To determine fair market value when making a purchase offer in the event of divorce.
-In assessing inheritance tax, capital gains, or estate taxes on an individual’s death (or to ensure that property is not transferred at below its true sale price).
By Catherine Rey, Sales & Marketing Manager at EHL Advisory Services
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It s not on the average person s to-do list to buy a hotel, or sell one, for that matter. Therefore finding trusted guidance and information on how to buy and sell hotel real estate can be difficult or outdated. Whether you re interested in this topic because you re doing research on how to go about buying a hotel property in the future, or whether you re actively buying or selling a hotel at the moment and need to answer some burning questions, or you re simply curious about the hotel real estate market and the hotel industry itself - this guide will put you on the right track.