Valuers Manual
The Valuers' Manual was first published in 1982 as a book. The present looseleaf version is both an update and a great extension of that work.
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Product description
The Valuers' Manual was first published in 1982 as a book. The present looseleaf version is both an update and a great extension of that work.
Available in print (looseleaf) and online format. Print updates are billed on a pay-as-you-go basis. Online format can only be added to a Lexis+ base package. Visit www.lexisnexis.co.za/lexisplus for more information.
The Valuers' Manual looseleaf is better suited to meeting the needs of valuers in South Africa in that it is easily updated in light of changing legislation and emerging case law. This publication is an indispensable practical reference for valuers and others involved in the property valuation industry. It consolidates, in one volume, the theory and practice of legislation and case law concerning valuation.
Table of contents
The functions of a valuer
The responsibilities of a valuer and the instructing party
The relationship between land and improvements
Land and its potentialities
Depreciation and obsolescence
Market value
The principle of comparable substitution
The object and use of valuation tables
The capitalisation process
A valuer's role in expropriation
Implications of the Consumer Protection Act, No. 68 of 2008 with regard to services rendered by valuers
VAT as it applies to property transactions
Municipal property rating and valuation
Computer Assisted Mass Appraisals (CAMA)
Valuation reporting
The Property Valuation Act 17 of 2014 and the Land Valuer- General
Land Restitution
Appendices: Various legislation
