VALUATIONS

A significant part of our business operations is Valuations. This professional service is provided regularly for private individuals, corporate business and in many cases our regular professional clients in relation to Insolvency Matters of Family Law Settlement.

Our service includes:

• Disposal of Plant & Equipment Surplus to Requirements.
• General – commercial
• Antiques
• Deceased estate and probate
• Business Rationalizations
• Insolvency Matters
• Financing/Depreciation
• Insurance
• Taxation
• Company Floatation
• Asset Registers and assessment
• Mergers
• Family Law
• Family division
• Home contents
• Single Owner Collections
• Corporate Collections
• Industrial and Commercial

Each valuation will be unique and specific in different ways and should be approached with these facts in mind. This value takes into consideration such inflationary or depreciable conditions as physical location, difficulty or removal, any adaptability or specialization, marketability, physical condition and overall appearance.

Written valuation services for professional advisors (Trustees, Solicitors, Liquidators and Consultants)

Acceptable Valuation Definitions

1. Market Value by private treaty negotiation
2. Market Value by auction
3. Market Value for existing use
4. Replacement and Reinstatement use
5. Indemnity Value

Acceptable Valuation Document Paragraphs

1. Purpose
2. Definition
3. Valuation
4. Qualification
5. Disclaimer

Valuation Definitions

1. Market Value by private treaty negotiation

Market value is the estimate amount for which an asset should exchange on the date of valuation between a willing buyer and a willing seller in an arms length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently and without compulsion.

2. Market Value Auction or Auction Realization Value

The estimate amount that one would expect to achieve at a properly promoted, conducted and attended auction sale held on site and at which substantially all the assets in the inventory listing are offered for sale at the one time.

3. Market Value for the existing use

The Market Value of an asset based on continuation of its existing use, assuming the asset could be sold in the open market for the existing use and otherwise in keeping with the Market Value definition, regardless of whether the existing use represents the highest and best use of the asset. Further this assumes security of tenure and the reasonable continued profitability of the business.

4. Replacement and Reinstatement Value

The cost of replacing existing assets with identical or substantially similar (equal to but not better than) assets at current new prices, together with the cost of transport, installation, commissions and any other directly attributable costs.

5. Indemnity Value

The cost of replacing an existing asset with an identical or substantially similar asset of comparable age and in comparable condition, together with the depreciation cost of transport, installation, commissioning and any other directly attributable costs.

If you would like some assistance in how to go about arranging to have a valuation report prepared initially, then we would be only too happy to advise you on the requirements needed along with an estimate of cost associated with compiling such information.