Problems with market value assessment on low-turnover markets – the case of Poland
||Problems with market value assessment on low-turnover markets – the case of Poland
||10th European Real Estate Society Conference (10-13 June 2003) Helsinki, Finland
||Property valuation as an attempt for market objectivisation In a market economy environment most property valuations seek the market value. Reasons for valuation such as a transfer of rights, determination of the base amount for calculating charges and taxes, seeking the value of a collateral that secures lenderís rights require market objectivisation. Market value, defined as the most frequent and thus the most probable price, is an attempt of such objectivisation.
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||Session 11, Valuation in Different Institutional Settings
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