Examples of IVSC in a sentence
The valuation of the subject property, and for the above stated purpose, has been undertaken on the Market Value basis of valuation in compliance with the above- mentioned Valuation Standards as promulgated by the IVSC and adopted by the RICS.
The approved IVSC definition of “Market Value” is stated in the paragraph “Definitions”.
Highest and best use is defined by IVSC as: The most probable use of a property which is physically possible, appropriately justified, legally permissible, financially feasible, and which results in the highest value of the property being valued.
Market Value is defined by the IVSC as “the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion”.
The International Valuation Standards Council (IVSC) publishes the International Valuation Standards (IVS) that set out internationally accepted valuation principles, procedures and definitions.
Market Value is defined by the IVSC as “the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing where the parties had each acted knowledgeably, prudently and without compulsion”.
The qualified independent valuers have prepared their appraisals in accordance with the Appraisal and Valuation Standards published by the Royal Institute of Chartered Surveyors (RICS) and the International Valuation Standards published by the International Valuation Standards Committee (IVSC).
Specific reasons for final excess of ` 1,03.57 lakh have not been intimated (6 September 2019).
The common shares issued upon the closing of the Placement will be subject to a 4-month hold period.
The valuations are performed in accordance with national and international standards and guidelines as set out in the International Valuation Standards (IVSC) and the standards of the Royal Chartered Surveyors (Red Book).