Why? - Valuation Purposes Flashcards
(4 cards)
1
Q
Name the three categories why a Valuation is needed
A
Investment
Operational Needs
Occupational Needs
2
Q
Why would someone need a Valuation for an investment
A
To support a bank lending decision
Asset valuations for company accounts
3
Q
Why would someone need a Valuation for operational needs?
A
Business decision
Bank lending
Tax assessments
4
Q
Why would someone need a Valuation for occupational needs?
A
Decision making
Buying, selling, renting, taxing or insuring
