Property Appraisal Assessment

A property appraisal assessment is an attempt to evaluate and put a price on a particular piece of property for a number of reasons which can include legal, marketing, sale, individual appraisal and so on. Usually such property appraisals are done for the purposes of legal and marketing issues, and they are conducted by firms which can assess and analyze the worth and value of the property in the correct manner.

Sample Property Appraisal Assessment

The following is an extract from the property appraisal assessment conducted by the Municipal Corporation of Birmingham Borough, on the 25th of June 2012, to complete the proceedings for a case of succession certificate involving the property of Late John Meyers.

“…[T]he property in question [henceforth to be referred to as the property of the deceased], is worth 6.9 million GBP in terms of current real estate valuation [conducted by Leslie Rotterdam and Associates Real Estate Firm, London], and is spread over an area of 2 acres. The property of the deceased is located in 34, Bilberry Avenue, Birmingham and has recently been in dispute regarding the succession of the deceased’s heirs Patricia Woolf and James Meyers, daughter and son of the deceased John Meyers respectively.

The property is a residential one consisting of a house which had been occupied by the deceased owner, and is currently being used by his son, the litigant James Meyers. The property also has attached land and gardens which fall within its boundaries and the valuation of the property mentioned above is inclusive of these features.

The dispute for this piece of land includes the house built on it and therefore, the valuation of the house too has been included in the amount mentioned above. The case was filed by the litigant on the 5th of March 2012, and this property appraisal assessment is part of the litigation suit filed by the litigant.”

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