Top Statutory Valuation Assignment Help by PhD Experts

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Students enrolled in different Australian universities such as Australian National University, Bond University, Australian Catholic University, Deakin University, Charles Sturt University rely on us when it comes to Statutory Valuation Assignment Help. It has been our track record of offering top-class assignment help to students who are stuck, helping them achieve HD grades that they have always visualized.

Statutory Valuation: Everything You Need to Know!

Statutory Valuation Assignment Help

What is statutory evaluation?

First things first! Statutory evaluation is a sort of property valuation, which deals with the aspects such as compensation, rating, stamp duty and Property Gains Tax. Putting it simply, statutory valuation skeletons the agenda of making, issuing and recording valuations effectively. Statutory evaluation is taken into account to allow lawmaking and for revenues from local offices. Statutory valuation of the land is done on the basis of the market value, market rent, net worth and fair value.

What are the types of statutory valuation?

Statutory valuation (under the Statutory Valuation Procedures and Practices under the Land Valuation Act 2010) is categorised into two types: annual valuation (Sections 72–80) and maintenance valuation (Sections 81–104). The Valuer-General must elect the value of land for the purposes provided under the Act. This pronouncement is supposed to be the land valuation.

While doing annual statutory valuation, the key factors are inclusive of annual land valuation notice in which the valuation amount is considered to assess the government rates and state land taxes. It is regulated by legislation valuer for rating and tax purposes.

On the other hand, maintenance valuation is the valuer-general's jurisdictive authority to revisit, make, or even call off a valuation. This type of statutory valuation forces the valuer-general to conduct a land valuation within the area of the local government on a set date and day of the valuation.

What is the motive of the statutory valuation? Let’s know it from Online Statutory Valuation assignment help experts!

Valuations under this Act are taken into account for a number of motives such as:

  • Rental Valuation: This is to examine the land charges under the Land Act 1994.
  • Rating Valuation: This denotes employing and making the local government rates.
  • Land Tax Valuation: This is the valuation where the land tax accountabilities under the Land Tax Act 2010 are evaluated.

To reach a statutory land value for either site or unimproved value purposes, it is vital to know the value of the current prevailing advancements on or to the land. Section 25 under the Act 2010 applies particularly to scenarios where it is mandatory to work out the value of the both on-site and off-site improvements to or on the land so as to ascertain its site value or unimproved value.

It must also be noted here that as and when the added value of improvements is being considered, one must take the following factors into account:

  • the cost to affect the improvements, which is inclusive of the cost of building construction and associated professional charges, taxes over the development period, etc.
  • Depreciation allowance, which should be applicable to all sorts of outlays.
  • Practical outmodedness having repute to the uppermost as well as the greatest usage of the land, offering specific thought to the inadequate pecuniary lifespan of the development.
  • The add-on values of occupancies, expansion endorsements and substructure acclaims.

MMP211 Statutory Valuation assignment sample brought to you by our experts-

We have helped many students with the MMP211 Statutory Valuation assignment and most of them have come up with the below assignment! However, our academicians wrote 100% unique solutions with due diligence considering the marking rubrics and learning outcomes. At Online Assignment Expert, equal attention is given to research, presentation, writing and coherence to make amazing papers. In case you, too, are on the hunt for the best quality solution under MMP211 Statutory Valuation assignment help, you can reach out to us anytime. Please have a look at the below demonstrated sample assignment:

Statutory Valuation Assignment Help 1 Statutory Valuation Assignment Help 2 Statutory Valuation Assignment Help 3

There is another code for SSUD71-328 Specialist and Statutory Valuation, which students often come up to us with for help, which has been demonstrated right above. As per Bond University, this subject concentrates on extending the knowledge of the students, which they have attained in preceding valuation and investment focusses. This is done by assessing the practices and methods used for the valuation of complicated and miscellaneous property matters. In this subject, many applications and methodologies of valuation will be analysed.

In this particular subject of statutory valuation, students are required to evaluate the mass appraisal method, GIS applications and the compulsory acquisition process. This particular subject is intended to prepare the scholars with strong acquaintance of the field and advanced technical skills. Specialist valuation topics are inclusive of valuating management rights, hotels, marinas, businesses, retirement sector assets, plant and machinery and rural properties.

The learning outcomes

Below are some of the learning outcomes of SSUD71-328 Specialist and Statutory Valuation:

  • How to segregate the role and nature of the expert and statutory property valuer.
  • Compare and use the varied ethics valuation of property in accordance with the practices employed by different professionals in the industry.
  • Assess different legal gears and their impression on principles of valuation of property.
  • Classify the ways various statutes and guidelines of government that have an impact the value of numerous property welfares.
  • Know the struggles faced by different professionals casting property valuation roles, inclusive of the part of an adroit bystander.

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