Course detail

Real Estate Valuation

FAST-CV07Acad. year: 2011/2012

Basic terminology of real estate valuation. Law regarding property valuation – introduction, analysis and the uses of valuation. Execution and regulation of the law regarding property valuation – the introduction, analysis, use and examples of real estate valuation. Principles of real estate valuation, areas of use and examples.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Knowledge about valuation of real estate.

Prerequisites

Knowledge of costing and price setting.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Requirements for successful completion of the subject are specified by guarantor’s regulation updated for every academic year.

Course curriculum

1.-2. Introduction to theory of valuation, basic terminology
3.-4. Act about evaluation of property in current version
5. Implementing regulation - introduction
6.-8. Analysis of implementing regulation - constructions and examples
9. Analysis of implementing regulation - return value, examples
10. Analysis of implementing regulation - attrition, examples
11. Analysis of implementing regulation - lots, plants, examples
12. Theory of market valuation of real estate
13. Examples of market valuation of real estate

Work placements

Not applicable.

Aims

To get knowledge about valuation of real estate. Ability to analyse and evaluate prices for taxation purposes (administrative price) and for market needs (usual price).

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Vyhláška MF č. 3/2008 Sb., o provedení některých ustanovení zákona č. 151/1997 Sb. ve znění novel. 2008. (CS)
Zákon č.151/1997 Sb., o oceňování majetku. 1997. (CS)

Recommended reading

BRADÁČ, Albert. a BRADÁČ, Albert. a MELEN, Vaclav: Real Estate Valuation in Czech republic. Chicago: Appraisal Institute Chicago, 2011. 978-1-935328-12-4. (EN)
BRADAČ, Albert a SCHOLZOVÁ, V a KREJČÍŘ, Pavel: Úřední oceňování majetku 2009. Brno: Akademické nakladatelství CERM, 2009. 978-80-7204-615-7. (CS)

Classification of course in study plans

  • Programme N-P-E-SI Master's

    branch E , 1 year of study, winter semester, compulsory

  • Programme N-P-C-SI Master's

    branch E , 1 year of study, winter semester, compulsory

  • Programme N-K-C-SI Master's

    branch E , 1 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Exercise

13 hod., compulsory

Teacher / Lecturer