Paper title: | Problems with market value assessment on low-turnover markets – the case of Poland |
Authors: | Kuchareska, Ewa |
Summary: | 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. |
Type: | |
Year of publication: | 2003 |
Series: | ERES:conference |
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Citation: | Kuchareska, Ewa (2003). 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, http://itc.scix.net/paper/eres2003_195 |