Valuation terminology needs updating
Language: English Series: Valuer (ISVA) ; ) 56(9) November 1987, 328-329(2)Publication details: 1987Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS38491 (Browse shelf(Opens below)) | 1 | Available | 10955-1001 |
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.