The valuation method and the definition of value depend on the purpose of the appraisal, which may be:
Preparation of the valuation report as a document on the amount of the estimated value of the capital and the manner in which the valuation was carried out, in relation to the intended use of the report, in accordance with the needs of clients. The reports are prepared by persons with appropriate qualifications, in accordance with professional, ethical and technical standards, and in accordance with International Assessment Standards.
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