Introduction to Valuation

At the end of this course, students should be able to: 1. know the nature and definition of value; 2. know the constitutional, geographical, environmental, political and legal basis of property value; and 3. know the structure and environmental surveys and reports for valuation.

The nature and definition of value; definition and purpose of valuation; the function of value economic, Constitutional, geographical, environmental, political and legal basis of property value. The effect of the international situation. The capital market and the principles governing interest rates and yield market analysis. Structure and environmental surveys and reports for valuation; the mathematical background and construction of valuation table.