In order to account for the usage of the land, the net operating income is reduced by the Liegenschaftszins (interest paid to the land-owner by the owner of the building, i.e., ground rent). The Liegenschaftszins is the product of the land value and the Liegenschaftszinssatz (interest rate for land use). The Liegenschaftszinssatz is the equivalent of the yield—with some important differences—and is also determined by the Gutachterausschuss.
By Phone: When requesting public records by phone, contact Pinellas County Marketing & Communications, (727) 464-4600. To help us expedite and avoid delays in processing your request, please be as detailed as possible with the information you are requesting. The request will be reviewed and forwarded to the department liaison responsible for processing your request. You will be notified through your preferred communication method of updates relating to your request.
In Israel, the real estate appraisal profession is regulated by the Council of Land Valuers, an organ of the Ministry of Justice; the largest professional organization, encompassing the majority of appraisers/land valuers is the Association of Land Valuers. Valuers must be registered with the Council, which is a statutory body set up by law, and which oversees the training and administers the national professional exams that are a prerequisite for attaining registration. In 2005 the Council set up a Valuation Standards Committee with the purpose of developing and promulgating standards that would reflect best practice; these have tended to follow a rules-based approach.
After speaking with the county on Friday, we realized we needed an appraisal very quickly for a plan submission that coming Monday. Based on prior excellent reviews, and clear FEMA experience, I gave John a call. I would not normally expect someone to turn around an appraisal that quickly, never mind over the weekend, but John was able to fit it into his schedule and didn't miss a beat. He was at the property on Saturday and had an appraisal to us on Sunday. It was exactly the work product we needed and it definitely saved the day. John is very personable and professional. He will definitely be my go-to appraisal source and referral.
Leasehold value – The interest held by a tenant. If the tenant pays market rent, then the leasehold has no market value. However, if the tenant pays less than the market, the difference between the present value of what is paid and the present value of market rents would be a positive leasehold value. For example, a major chain retailer may be able to negotiate a below-market lease to serve as the anchor tenant for a shopping center. This leasehold value may be transferable to another anchor tenant, and if so the retail tenant has a positive interest in the real estate.
Today, Orange County Property Appraiser Rick Singh, CFA, was awarded the 2018 Ian W. McClung International Award by the International Association of Assessing Officers (IAAO) for his exemplary leadership in developing valuation professionals around the world. Mr. Singh was chosen to receive this award for “Theme Park Valuation,” a presentation made in October 2017 at the IAAO International Symposium during which he shared the methods, techniques, and magnitude and importance ...More
With effect from the 1st of August 2017, new amendements to the Federal Valuation Law came to impose the compulsory certification of valuers by a state-affiliated testing centre. Consequently, this 2 hour written-exam certification measure, aimed to counter a perception of wide-spread malpractice among the members of the national valuation profession, provides for 3 valuer-specializations: real estate valuers, plant and machinery valuers, and business and intanglble asset valuers, with the exam content requirements varying substantially for each specialization. Valuers would lose a right to practice, unless they comply with the requirement to take this compulsory certification exam at or before March 31, 2018. A general assessment of this measure is that the numbers of certified valuers in Russia are set to dwindle down to some 2000-3000 valuers nationwide (across all the specialisms mentioned), i.e. decimating some 80% of the current Valuer SRO's membership, due to the complexity of the certification exams.
Amortization Annual Income Appraisal Appraisal Fee APR ARM Balloon Payment Bankruptcy Borrower Cash-Out Refinance Closing Checklist Closing Costs Closing Disclosure Co-Borrower Conventional Loan Cosigner Credit History Credit Report Credit Requirements Debt Ratio Disclosure Discount Points Down Payment Down Payment Grant Earnest Money Eligibility Equity Escrow Fannie Mae FHA FHA Funding Fee FHA Handbook FHA Limits FHA Loan FHA Minimum Standards FHA One-Time Close FHA Refinance FHA Requirements FICO Score First-Time Homebuyer Fixed Rate Mortgage Foreclosure Freddie Mac Good Faith Estimate Home Equity Loan Home Inspection HUD HUD-1 Settlement Statement Identity Theft Interest Rate Joint Loan Jumbo Loan Lender Loan Application Loan Approval Loan Balance Loan Officer Loan Term Loan-to-Value Ratio MIP Monthly Payment Mortgage Mortgage Closing Obama Mortgage Origination Fee Owner Occupied PMI Pre-Approval Prepayment Prequalification Principal Property Tax Property Title Reverse Mortgage Second Mortgage Single Family Home Streamline Refinance Subprime Mortgage
Most of valuations in the country tend to be performed for statutory purposes envisaged by the Federal Valuation Law (the latest amendment in 2016) and other related laws, such as the Joint Stock Companies Law. Such pieces of legislation provide for more than 20 so-called "mandatory cases of valuation", including valuations for privatization purposes, lending purposes, bankruptcy and liquidation etc. Valuations for corporate accounts used to be much more prominent before 2000, when the national accounting regulator ceased to incentivize the accounting fair value option. At present, the mass appraisal of property for taxation purposes is also starting to be outsourced by the Government to the institution of professional valuers.