How does the valuer quantify #marketvalue with a lack of market comparable information in the new COVID-19 world? Where market comparable information is available, have the parties ‘acted knowledgeably, prudently and without compulsion’? Does a pandemic environment enable parties to undertake ‘proper marketing’ or do sales that are witnessed in the early stages of such an event represent an environment comprised of overly willing sellers and opportunistic buyers that is more aligned with a liquidation market? The IVSC's Tangible Assets Board has published a paper looking at this subject in more detail.

Updated 14 September 2020

This update contains the following changes:

  • Suggested amendments to market conditions explanatory note and material uncertainty declaration wording for the valuation of single assets, portfolios or groups of properties.
  • A revised practice alert supplement including further details on the above and examples.

The supplement to this global practice alert is available to download below. RICS regulated members are advised to read this in conjunction with this practice alert.

Πως υπολογίζεται ο Φόρος Κεφαλαιουχικών Κερδών; Ποιες περιπτώσεις εξαιρούνται; Το άρθρο περιλαμβάνει ενδεικτικό υπολογιστή του Φόρου Κεφαλαιουχικών Κερδών.

Οι όροι ‘ρυμοτομία’ και ‘απαλλοτρίωση’ είναι θέματα που αντιμετωπίζουν συχνά όλα τα εκτιμητικά γραφεία, και απασχολούν σημαντική μερίδα ιδιοκτητών και όχι μόνο. Οι δύο όροι συχνά συγχέονται καθώς εμπέριεχουν στέρηση μέρους της ιδιοκτησίας για κοινωφελείς σκοπούς και ως συνεπακόλουθο αποζημιώσεις. Παρακάτω ακολουθεί απλή ανάλυση των όρων για ενημέρωση του κοινού.

The effects of the COVID - 19 Virus will affect the work carried out by RICS Regulated Members* in a variety of ways, with varying impacts. The exact consequences of the COVID -19 outbreak are unknown but inspecting property may be difficult either through their Firm’s own internal procedures, Government imposed restrictions or unwillingness of occupants to grant access. Access to evidential data such as comparables may also be less freely available.

At the end of November RICS issued a revised edition of the Global Red Book. This supersedes the RICS Valuation – Global Standards 2017 and therefore becomes the authoritative set of standards for all RICS Valuers. The new standards become effective from Friday 31 January 2020. We review the new edition and offer our comments and observations on the implications of the changes for RICS valuers.