Sunday, July 31, 2011

What requirements might have contracts with the evaluators?

Tatiana Pavliuk, president of the Federation of Appraisers businesses and intellectual property www.fobis.com.ua, owner valuation of the company "Avert" www.averti.com.ua. According to the Law of Ukraine "On the assessment of property, property rights and professional valuation activities in Ukraine", the assessment is made solely on the basis of a written agreement between the subject of assessment and customer or by the Court. Art. 11 of the Act lists the mandatory items that must contain a contract appraisal services. As one of the mandatory provision envisaging responsibility of the parties. you and the appraiser, as contracting parties, it must reflect the algorithm behavior veroyanyh most scenarios, the risks which, in your opinion, are characteristic of danogo case, and, of course, responsibility. If the proposed contract responsibility you are vague, the civil law is still there under the common law - the Civil Code. But I would advise all the same to add specifics to the contract before signing him. Any contract, by definition, should suit all contracting parties. In addition, it is important to accurately identify the property subject to assessment, and if the property is assessed in large numbers, it makes sense to make a supplementary treaty, which provide a complete list such objects, with all identifying characteristics of the object. According to legislative rules, the contract must specify the purpose for which assesses how its supposed to be used in the results. It is necessary because of the fact that different objectives require different assessment bases and eventually affect the choice of tools for calculating the cost. It is also necessary to specify terms of performance contract, taking into account the time required for inspection of the property appraised and to collect baseline data, fees and order payment thereof, the conditions of confidentiality.

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