This entails the determination of the value or worth of an interest in an asset taking cognizance of prevailing economic indicators. Asset can land and building, items of plant and machinery, furniture and equipment, motor vehicles and other chattels. Valuation exercise could be for different purposes namely:

  • Mortgage
  • Insurance
  • Disposal
  • Acquisition
  • Foreclosure
  • Tenement rating
  • Merger bids
  • Balance Sheet
  • Determination of the replacement cost of items