This involves the determination of the worth of various classes of assets for various purposes. Some of these include:
- Determination of Current Open Market Value of land, buildings and plant and machinery assets for financial and balance sheet purposes.
- Determination of Insurance Value of real estate, plant and machinery, vehicles, furniture and fittings.
- Determination of Current Open Market value of assets for Mortgage purposes.
- Statutory Valuation of assets for compensation in cases of compulsory acquisition by government.
- Valuation of assets for Tenement Rate liability.
- Determination of Rental Value of leased properties