16634 Lecture Notes - Lecture 1: The Rentals, Tariffs In United States History
Document Summary
In any valuation practice it is most important to find sales of similar properties. These sales must be analysed carefully so that you may apply that analysed information to your property. To obtain sales you have a number of sources: Local council records council usually has a method of recording changes in ownership, for example a sales register, which often also contains other transfers of ownership, such as death or gifts. Otherwise the sales information is recorded in the. Rate roll book, which usually shows the names of the parties, the date of contract exchange or the settlement date and the price. Local real estate agents who if approached will nearly always afford you the time to provide the information. Various web sites whether they are subscription based or free to use. The following elements of sales will be required to assist your valuations: The date of exchange of the contracts for sale.
