Course Details
Property Appraising
Academic Year 2023/24
NEB050 course is part of 1 study plan
NPC-GK Summer Semester 2nd year
Learning outcomes of the course unit The aim of the course is to acquaint students with the basic principles of property valuation, basic concepts and laws relating to valuation of assets. Further, the methods and procedures for valuation of land (cost, comparison and yield method) and the specifics of these valuations for individual types of real estate will be discussed. Students will also be acquainted with the initial expert actions, the way of providing evidence, the composition of the expert opinion and their defects. At the end of the course, a presentation of the calculation programs for valuation will be made.
Course Guarantor
Institute
Objective
Methodology of valuation of property understanding.
Knowledge
The student understands methodology of valuation of property.
Prerequisites
Fundamentals of cadstre of real estate,property law.
Language of instruction
Czech
Credits
3 credits
Semester
summer
Forms and criteria of assessment
course-unit credit
Specification of controlled instruction, the form of instruction, and the form of compensation of the absences
Extent and forms are specified by guarantor’s regulation updated for every academic year.
Offered to foreign students
Not to offer
Course on BUT site
Exercise
13 weeks, 2 hours/week, compulsory
Syllabus
1. Basic principles for asset valuation (introduction, basic notions, Act No. 526/1990 Coll., On prices, Act No. 151/1997 Coll., On valuation of assets and its implementing decree in the current version, valuation documents).
2. Methods and procedures for land valuation.
3rd and 4th Assessment of Cost Mode (Determination of Initial Value of Buildings, Real Estate Coverage, Limits, Lifetime and Wornness of Buildings).
5. Valuation in a comparative manner (direct and indirect comparison, comparative method according to price regulation).
6. Valuation in revenue and combinations of cost and income valuation methods.
7. Valuation of flats, non-residential premises, valuation specifics.
8. Valuation of real estate in selected cases: valuation for credit, accounting, insurance, inheritance, tax, real estate division, building valuation, valuation of property rights to real estate.
9. Initial expert acts, providing evidence. Composition of expert opinion, defects in expert opinion.
10. Calculation programs for valuation.