Valuation for Purchase/Sale by Government
Description: Valuation for purchase or sale by the government involves determining the fair market value of land or property that the government intends to acquire or dispose of.
The valuation ensures that public funds are used responsibly in acquisitions and that properties sold by the government reflect their true worth.
This process is initiated through a formal instruction from the relevant government agency and is supported by ownership documents and, where applicable, a letter of offer.
Requirements: Letter of instruction, ownership documents, offer letter.
Charges: 50% of the valuer’s scale of fees