New orders for valuation of businesses, property and assets

Before the request, the object, valuation date, type of value, planned user and reason for the valuation are defined. UBC then takes into account the specialisation of the valuer and valuation entity. Experience with a similar asset is especially important for businesses, corporate rights, specialised equipment and objects where the price depends on contracts, permits or future income.

The partner reviews the document list in advance and states whether stocktaking, inspection, financial calculation or an additional expert is required. UBC agrees the methodology, deadlines, report form and price with the client. The client agrees a solution corresponding to the operation and the recipient's requirements.

A partner valuer may accept only those objects and types of valuation that correspond to their specialisation. Related work with transaction documents, accounting data, corporate resolutions or financing is supported by the UBC network.

Income from a joint project is divided taking into account the partner's professional valuation and the work of other network participants.

The task states the object, purpose, date, assumptions, source-information set and method of delivering the result. For corporate rights, the ownership structure and rights attached to the interest are stated separately. For property, identification, condition and restrictions are stated. This allows the valuer to prepare a report corresponding to the actual task.

Before acceptance, UBC takes into account the presence of mandatory sections, references to data and a clear final conclusion. Review or explanation of key value factors can be agreed where required. UBC helps collect documents and organise communication, while the professional conclusion is formed by the selected independent valuer.

For an initial valuation, electronic copies of asset documents and a short description of the report's purpose are sufficient. UBC will clarify the set and state which information is missing for the selected object, date and type of value:

• description of the object, purpose, date and valuation recipient
• title and registration documents
• financial statements and information about the object's income
• technical data, photographs and information about restrictions
• contact details for inspection and the agreed operation date

Legal and financial part of the project through the UBC network

The partner receives a description of the object, valuation purpose, date, report recipient and location of the property. UBC transfers the assignment to a valuer with the relevant specialisation and agrees the organisational conditions. The partner accepts the order after it is clear whether an inspection is required, which documents are needed and when the report will be ready.

1. The task description and available documents are received.
2. Specialisation by asset type, valuation location and report format are required.
3. UBC takes into account the valuer's qualifications and experience with the relevant type of asset.
4. The parties agree the object, valuation date, deadline, price and form of the report.
5. UBC organises access to the asset and delivery of the agreed report.

A partner valuer can receive orders by type of property and specialisation. Before work begins, the parties agree the price, deadline and need for inspection. The valuer independently forms the professional conclusion on value, while the owner defines the date, purpose and business operation for which the report is required.

A valuation can be ordered for a separate object, a package of assets, corporate rights or an enterprise as a whole. The price is calculated taking into account the number of objects, complexity of identification, need for inspection and urgency. Prepared title and technical documents allow the valuer to move more quickly to calculations without collecting the source information again.

The price of the partner part is agreed after stating the object, purpose, valuation date, location and desired report deadline. Travel, a technical expert, translation or review costs are stated separately if required by the specific recipient. When comparing proposals, it is useful to compare specialisation in the client's relevant asset, deadline and report form together with the price.

When accepting the report, the owner analyses correctness of the object, date, purpose, details and final value. The document must take into account the actual characteristics of the property and disclosed restrictions. If the report is being prepared for a bank, court or another defined party, the recipient's requirements should be agreed before ordering so that the valuation does not have to be repeated because of an unsuitable format.

Completed work is assessed by whether the report can be used for the stated transaction or procedure. The client receives a document identifying the object, valuation date, source data and conclusion on value. If a request for explanation or review is received later, the same valuer can be contacted using the already preserved set of materials.

After acceptance, the owner receives a report identifying the object, valuation date and purpose, list of documents used and final conclusion on value. The manager keeps the technical materials and recipient requirements together with the report so that, upon a request from a bank, court or transaction participant, the required explanations can quickly be transferred to the valuer. If the date, purpose or composition of the object changes, the specialist immediately sees which information must be updated.

The partner receives a specific order to value an asset for a defined purpose: transaction, collateral, corporate decision, accounting, insurance or dispute. Before work begins, the partner receives the valuation date, list of source documents, need for inspection and requirements for the report form that can be provided to a bank, transaction participants or court, or used within the enterprise.

When assets must be revalued regularly, it is useful for the owner to keep technical documents, information on improvements and previous reports in an up-to-date set. For a one-off valuation, the report is kept together with the documents on which it is based for the transaction, accounting or subsequent analysis. If the purpose or valuation date changes, the specialist can quickly determine which data should be updated and whether a new inspection is required.

How a valuer participates in a joint order

The value of one object may be calculated for a transaction, collateral, accounting, insurance, corporate decision or dispute. Before selecting a valuer, UBC defines the purpose, date, object, rights and user of the report. These parameters affect the source documents, methodology and form of the result, so they are agreed before calculations begin.

UBC transfers the set to the specialist independent professional and organises access to the object or additional information. The draft report is compared with the assignment, details and actual characteristics. The client receives a document for a specific business action and understands which source data should be updated for the next valuation.

A partner valuer can receive new orders as part of transactions, financing and corporate projects of UBC clients. The legal and financial part is supported by the relevant network participants, while commercial terms are determined for the specific assignment. We will be pleased to discuss the types of valuation you work with.