The process of estimating market value, investment value, insurable value, or other properly defined value of an identified interest or interests in a specific parcel or parcels of real property as of a given date is known as what ... ?

Question

Business

Shamar Yates

25 July, 02:00

The process of estimating market value, investment value, insurable value, or other properly defined value of an identified interest or interests in a specific parcel or parcels of real property as of a given date is known as what ... ?

+5

Answers (1)

Know the Answer?

Krista Eaton · Answer 1

Valuation

Explanation:

Valuation -

It refers to the process of determining the worth of some object or property, is referred to as valuation.

Or,

The method to find the present value of any asset is known as valuation.

The process of valuation can be done on objects like, stocks, patents, business enterprises, bond of the company, property etc.

The reason for getting valuation is for investment analysis, merger, taxable events, capital budgeting.

Hence, from the given scenario of the question,

The correct answer is valuation.