Valuation in the BelCCI

Real estate appraisal

Independent valuation of permanent structures (houses, buildings), premises, residential buildings and construction in progress, utility services.

Objectives of real estate valuation are as follows:

a) sale without auctioning or competition, including sale of property under the economic insolvency (bankruptcy) procedure;
b) non-monetary deposit to the statutory fund of the legal entity;
c) sale through a bidding process (auctioning and competition), including under the bankruptcy procedure;
d) pledging (mortgage);
e) gratuitous alienation;
f) gratuitous assignment;
g) granting for free use, rent;
h) granting for trust management;
i) exchange;
j) property inheritance;
k) settlement of property disputes;
l) recovery of loss (damage);
m) implementation of management decisions, except for the above mentioned;
n) inclusion of excess of assets on the balance sheet, found during inventory survey;
o) inclusion of cost-free assets on the balance sheet;
p) itemization (allocation) of the inventory item initial cost;
q)  others not contradicting the applicable law.