Legal Services: Why Do I Need an Appraisal of Property?

Let's try in detail to consider why such a legal service as an asset valuation is needed? Sometimes the assessment is carried out simply to check the financial situation in the enterprise.

Lately, legal services have become very popular. The field of activity of legal companies is quite wide, specialists are ready to help and with a little consultation and presence in court. Property valuation is one of the directions of the companies' activity, this service is provided in a variety of variations, each of which will be useful in those or other cases.

Business valuation :

Revaluation of fixed assets helps to calculate the real market value of the business, so it is usually carried out regularly. In the assessment process, an inventory is made, all accounting is visible.

Enterprise valuation is a comprehensive assessment of the company's financial condition: the market value of real estate, equipment, warehouses and assets (its brand, intellectual property, customer base, valuable employees, growth perspective) is calculated. An important role in the calculations is played by the following factors: enterprise profitability, work efficiency, demand for the final product. Debt, loans and perceived risks also affect prices. Depending on the purpose of the assessment, there are three main types of calculations: cost, revenue and comparative.

Evaluation of small businesses can also be costly, profitable and constructive. It is conducted for the purpose of checking cases or when buying or selling a company.

Property valuation:

Residential real estate is the most common subject of consideration. Valuation of property is necessary when making transactions for purchase and sale, obtaining a loan or mortgage, and insurance. The cost is influenced by the following factors: the availability of infrastructure, location, the condition of the house, the area of the facility, the technical condition and the availability of repairs. If this suburban real estate, it takes into account the area of the land and all the buildings on it. Depending on the purpose of the assessment, there are market, liquidation and balance calculations.

Commercial real estate is valued for the purpose of buying and selling, merger-acquisition, revaluation, lending or insurance. There are market, recovery and liquidation value.

The valuation of machinery and equipment is usually carried out during the sale and purchase and includes technical expertise. Evaluation of intellectual property underpins the calculation of the cost of a license, trademark, patent. So there is an evaluation of securities (stocks, bonds, bills).

All legal services and other property valuation services are carried out in accordance with the federal law and include the examination and preparation of relevant documents.