FREE COMPLETE STUDY MATERIAL NOTES FOR IBBI EXAMINATION
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ONLINE BATCH STUDY MATERIAL-50 HRS EDUCATIONAL COURSE UNDER RULE 5(1) READ WITH RULE 12(2)(a) FOR REGISTRATION AS VALUERS UNDER THE BANNER OF CEV IAF RVO
UNIT-2
CHAPTER-4
REPORT WRITING FOR REGISTERED VALUERS
Valuation Report should create interest in the mind of a reader to read it from the beginning to the end, like reading a story or a novel. It is therefore necessary that a report should have certain specific qualities. The valuer receives instructions from the client to carry out valuation of land and building. The valuer performs his duty as per the Terms of Reference and estimates value.
Right from taking instructions from client, inspecting the property, collecting data, analysing data and estimating value, whatever he has done is to be reported in writing.
While writing valuation reports valuer has to keep in mind that the report – like painting, sculpture, or architecture – is an art form. It should be pleasing in appearance and precise in content. It should take the reader by the hand and lead him along the line of thought adopted by the writer toward the goal of a convincing conclusion. Along the way, the reader should find satisfaction, education, and evidence of skillful use of knowledge. In addition, the report should be professional in design, logical in reasoning, and completely convincing in text.
A valuation report is one of the technical reports based on which a user of report takes his financial decisions concerning his property. It is, therefore, necessary to acquire and develop the skill of expressing facts and opinion in the best possible manner. A valuation report should not be in ambiguous words, which may ……………………….READ MORE
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