Applied Valuation

At the end of this course, students should be able to: 1. define and explain the fundamental principles of valuation to real life valuation scenarios; 2. demonstrate the use of more complex valuations; and 3. Identify and distinguish different valuation concepts.

Combined freehold and leasehold valuations. Equivalent yield valuations. Valuations for surrender/extension and renewal of leases. Marriage value valuations. Double sinking fund valuations. Valuations involving expenditures and their justification, and liabilities. Clearly distinguishing between the following terms/concepts: basis of valuation, purpose of valuation, use/function of valuation and method of valuation