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Discusses the advantages to a tax paying company in the absence ofinflation, to lease commercial property from a nontax payinginstitution. Outlines the reasoning behind the existence of a market inthe sale of short leaseholds to gross funds. Explores the financialadvantages to leaseholds being...
Discusses the application of multiple regression analysis MRA inthe process of maintaining equity and consistency with the market placein valuation. Illustrates the case by giving examples using datamaintained by a local valuers office. Outlines the uses of regressionanalysis in order to specify...
Discusses the components of valuation expertise as applied to theresidual mortgage valuation domain and considers the different levels ofanalysis at which this expertise is exhibited. Explores the differencebetween true valuation expertise and expertness, the implications ofthe consultants...
Discusses the development of expert systems ES as an improvementon computeraided valuation techniques CAV, due to its allowing themodelling of complex nonlinear and qualitative relationships andprocesses, such as those which exist within the field of valuation.Explores valuation as a set of...
Outlines the major changes in the VAT treatment of property andconstruction in the light of the Finance Act 1989, and suggestspractical ways in which developers can avoid unbudgeted VAT liabilitiesand penalties. Discusses basic VAT principles which apply to propertyand construction and the...
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