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Property

Valuation

Valuation is the art and science of determining the value of assets, such as real property, for various purposes. These purposes can include renting, buying, selling, auditing, rating, compulsory purchase, and taxation. The specific purpose and relevant circumstances play a crucial role in determining the appropriate assumptions and facts to be considered in the valuation process.

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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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