Valuation 2025 Flashcards
1
Q
What is the Red Book and why do we need it?
A
2
Q
When is a Red Book Valuation compulsory?
A
3
Q
When is a Red Book Valuation not required?
A
4
Q
What are some of the headings in a Red Book Valuation report?
A
5
Q
Headings within a Red Book Valuation Terms of Engagement?
A
6
Q
Before accepting a valuation, what should you do?
A
7
Q
What are the Valuation Technical and Performance Standards?
A
8
Q
What are ‘PS’, ‘VPS’, and ‘VPGA’s’?
Are they mandatory?
A
9
Q
What is a special purchaser?
A
10
Q
What are assumptions?
What are special assumptions?
A
11
Q
What are the bases of value?
Where are they defined?
A
12
Q
What makes a good comparable?
A
13
Q
What is hope value?
A
14
Q
What is marriage value?
A
15
Q
What is special value?
A
