Course detail

Property Appraising

FAST-NEB050Acad. year: 2022/2023

Learning outcomes of the course unit The aim of the course is to acquaint students with the basic principles of property valuation, basic concepts and laws relating to valuation of assets. Further, the methods and procedures for valuation of land (cost, comparison and yield method) and the specifics of these valuations for individual types of real estate will be discussed. Students will also be acquainted with the initial expert actions, the way of providing evidence, the composition of the expert opinion and their defects. At the end of the course, a presentation of the calculation programs for valuation will be made.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

Ing. Stanislav Kutálek, CSc.

Department

Institute of Geodesy (GED)

Learning outcomes of the course unit

The student understands methodology of valuation of property.

Prerequisites

Fundamentals of cadstre of real estate,property law.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

Methodology of valuation of property understanding.

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

Not applicable.

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme NPC-GK Master's 2 year of study, summer semester, compulsory-optional

Type of course unit

 

Exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Stanislav Kutálek, CSc.

Syllabus

1. Basic principles for asset valuation (introduction, basic notions, Act No. 526/1990 Coll., On prices, Act No. 151/1997 Coll., On valuation of assets and its implementing decree in the current version, valuation documents). 2. Methods and procedures for land valuation. 3rd and 4th Assessment of Cost Mode (Determination of Initial Value of Buildings, Real Estate Coverage, Limits, Lifetime and Wornness of Buildings). 5. Valuation in a comparative manner (direct and indirect comparison, comparative method according to price regulation). 6. Valuation in revenue and combinations of cost and income valuation methods. 7. Valuation of flats, non-residential premises, valuation specifics. 8. Valuation of real estate in selected cases: valuation for credit, accounting, insurance, inheritance, tax, real estate division, building valuation, valuation of property rights to real estate. 9. Initial expert acts, providing evidence. Composition of expert opinion, defects in expert opinion. 10. Calculation programs for valuation.