A study on the conceptual bases and the characteristics of the Inwood Premise and the Hoskold Sinking Fund Premise

Young, F.S.C.

A study on the conceptual bases and the characteristics of the Inwood Premise and the Hoskold Sinking Fund Premise - 1986 - Canadian Appraiser 30 (1) Spring 1986, 12-16 (5) .

In Canadian real estate appraisal there are two kinds of capitalisation : capitalisation in perpetuity , used for appraising freehold property and capitalisation in limited terms, used for appraising leasehold property . To capitalise incomes in limited terms both the Inwood Premise and the Hoskold Sinking Fund Premise are used. The article examines the conceptual bases and the mathematical assumptions of the two premises and compares them as a guide to valuers.


CANADA
VALUATION METHODS