Valuation terminology needs updating
Dasso, J.
Valuation terminology needs updating - 1987 - Valuer (ISVA) ) 56(9) November 1987, 328-329(2) .
In the light of increasing communication between valuers and estate agents and professionals outside real estate, the author argues that valuation terminology is in need of updating and clarification. Clearer distinction between open market value and investment value is stressed and the current definitions of the terms value in exchange , value in use and market operation are given.
ESTATE AGENCY
INVESTMENT
PROFESSIONAL PRACTICE
Valuation terminology needs updating - 1987 - Valuer (ISVA) ) 56(9) November 1987, 328-329(2) .
In the light of increasing communication between valuers and estate agents and professionals outside real estate, the author argues that valuation terminology is in need of updating and clarification. Clearer distinction between open market value and investment value is stressed and the current definitions of the terms value in exchange , value in use and market operation are given.
ESTATE AGENCY
INVESTMENT
PROFESSIONAL PRACTICE