View Table of Contents. The Appraisal Institute is proud of all its publications, but it is especially pleased to announce the debut of The Appraisal of Real Estate.
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View Table of Contents The Appraisal Institute is proud of all its publications, but it is especially pleased to announce the debut of The Appraisal of Real Estate, Spanish Edition. The Appraisal of Real Estate, 12th edition, is recognized internationally as the final authority on real estate valuation. The Spanish edition is a condensed, but faithful, translation of this classic text, which focuses on valuation methodology applicable to markets outside the United States. With the publication of this Spanish edition, The Appraisal of Real Estate is now available in 11 languages, and each new translation reflects the Appraisal Institute’s commitment to the development of the valuation profession worldwide. Readers will find clear guidance on the nature of value and the foundations of appraisal in this book as well as detailed instruction on the traditional three approaches to value. We hope that the text will provide a common framework on which valuers can build and foster the development of a closer international valuation community where real property professionals around the world come together and work for the common good.
In the field of real estate appraisal, extraordinary assumptions and hypothetical conditions are two closely related types of assumptions which are made as.
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Definition. International Valuation Standards defines market value as 'the estimated amount for which a property should exchange on the date of valuation between a.
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