What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods
CivilJungle
JULY 21, 2022
Before giving a loan the banks usually take a mortgage. In case the person is unable to pay the debt, the property is seized by the bank, and the loan amount is recovered. Valuation means the estimated total cost of building construction, including all electric, mechanical, plumbing and permanently fixed equipment.
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