Property Valuation

Consolidated Document on Property Valuation

A compilation of information and examples.

© Stephanie Cassar 2017

The information contained in this document is solely intended for general guidance on matters of valuations of immovable property carried out by duly qualified and technically competent property valuers commissioned by and for the Lands Authority only. The application and impact of the numerous variables in a property valuation can vary widely based on the specific facts, time and the nature of the property involved. Given the changing nature of laws, rules, regulations and market conditions, the general guidelines established in this document may not be applicable, in whole or in part. Accordingly, the general guidelines provided in this document are being so provided with the understanding that the author is not rendering professional advice and services and consequently the information contained herein should not be used as a substitute for other consultations.

Any exercise, decision or other action to be taken in relation to the valuation of immovable property has to be so undertaken by duly qualified and competent individuals in the particular field of property valuations, in default of which any such exercise, decision or action shall be flawed and unreliable. Consequently, the use of the information contained in this document by individuals who are not qualified and competent in the particular field of property valuations is expressly prohibited.

While the author has made every attempt to ensure that the information contained in  this  document has been obtained from reliable sources, the author is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this document is provided with no guarantee, express or implied, of completeness, accuracy, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance and fitness for a particular purpose. In no event will the author, her partners, agents or employees be liable to anyone for any decision or valuation made or action taken in reliance on the information in this document or for any direct, indirect, consequential, special or other damages in general, even if advised of the possibility of such damages.

All and any valuations drawn up by any third parties shall be the sole and exclusive responsibility of the individual drawing up such valuation, even if in doing so the said individual relies upon or refers to the information contained in this document. Furthermore all and any advice given or opinions, views and conclusions expressed or made by third parties in relation to the value of immovable property shall be deemed to be the exclusive and personal advice, opinions, views and / or conclusions of the individual giving or making them, even if so given or made in reliance upon or by reference to the information contained in  this document.

Furthermore, the author has compiled the information contained in this document on the basis of extensive research derived from the references and bibliography listed in this document. Any reproduction of such information derived therefrom should only be undertaken with the specific permission of the individual or persons or entities that produced, developed or compiled the information contained in the references and bibliography listed in this document.

In addition, the publication of this document should only be undertaken with the specific consent of the authors or the publishers identified in the reference and bibliography list made in this document. In compiling this document the author was not engaged to develop a publication and therefore was not  required to request any consent from the authors or publishers of the references on which the author based her research, the attainment of which shall be the sole and exclusive responsibility of the publisher of this document.

The removal, omission or modification of any information from this document is expressly prohibited.

The use of, reference to or reliance upon the information contained in this document constitutes an unconditional acceptance of the terms of the disclaimer stipulated above.

Valuation Form  Architects are to download this form upon being engaged by the Evaluations Office to conduct an assignment. No fields must be left unfilled. The filled form must be sent to the e-mail address indicated by the Evaluations Office. 

Policy For The Preparation of Valuations in Relation to Lands and Buildings

Computation of the Penalty for Past Illegal Occupation

Guidelines on Architects’ Estimates on Land or Buildings

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