Can a valuation be used for multiple purposes or institutions?

Every valuation report is prepared for a specific purpose and an intended user. When that intended user is a financial institution (such as a bank), the valuation must comply with the bank's specific requirements. Changing the intended use or the end user requires a revision of the valuation report. Based on the objectives and scope of the valuation, our experts will provide detailed guidance tailored to your specific property type.

In accordance with International Valuation Standards (IVS), every valuation is conducted for a designated purpose as of a specific date. Relying on a valuation report for alternative purposes or presenting it to unintended users is permissible only with the express written confirmation and consent of the appraiser.