NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Meaning, Methods of Calculating the Depreciation What Is Depreciation? Depreciation is the reduction in the value of assets due to wear and tear. Every asset is subject to wear and tear in the ordinary course of its use and also with the passage of time. The cost of the asset is allocated over time and […]
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How to Calculate Straight Line Depreciation? Why use the straight-line method of depreciation? It represents the depreciation expense evenly over the estimated full life of a fixed asset. You can use a basic straight-line depreciation formula to calculate this, too. Let’s break down how you can calculate straight-line depreciation step-by-step. We’ll use an office copier
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RESIDUAL INCOME VALUATION-ALL YOU NEED TO KNOW Residual income valuation (also known as residual income model or residual income method) is an equity valuation method that is based on the idea that the value of a company’s stock equals the present value of future residual incomes discounted at the appropriate cost of equity. RESIDUAL INCOME= NET
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DIFFERENCE BETWEEN SALE AND LEASE DEFINITION OF SALE A standard sales agreement, also called a purchase contract, are the terms by which two parties–a buyer and seller–agree to transfer ownership of property. The key components are identification of the property, the sales price and the timeline. Before the sale is finalized, the contingencies are also
VOID AND VOIDABLE CONTRACT The law relating to contracts in India is governed by The Indian Contract Act, 1872. However the Contract Act does not purport to codify the entire law relating to contracts, the Act also specifically preserves any usage or custom of the trade or any incident of any contract not inconsistent with
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INDEMNITY AND GUARANTEE Definition of Indemnity: An indemnity contract is a legal arrangement between two parties in which one party agrees to pay another party for a loss or harm that meets certain requirements and conditions unless other circumstances are specified. It is a form of contingent contract which is characterized by all the essential
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Insolvency and Bankruptcy Board of India Press Release No. IBBI/PR/2022/14, 31st March 2022 Phase 4 of Valuation Examinations w.e.f. 1st July 2022 In pursuance of the rule 5 (3) of the Companies (Registered Valuers and Valuation) Rules, 2017, the IBBI, being the Authority, hereby publishes the syllabus and format of the ‘Valuation Examinations’ to be
FOUR TYPES OF LEASE-ALL YOU NEED TO KNOW BUILDING LEASE Building Lease:- It is a legal contract used by landlords and tenants to formally agree on the rental terms of commercial buildings that are used for office, industrial, or retail purposes. Landlords receive payments from their tenants in return for being able to use
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THREE TYPES OF OCCUPANCY FOR DETERMINING YOUR MORTGAGE READINESS PRINCIPAL The principal, or primary, residence is the one that you and your family live in most of the time. It is the address that will be listed on your state and federal tax returns. It can be a single-family home or it can be a
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IMPORTANT TERMS IN A LEASE AGREEMENT A lease or rental agreement sets out the rules Lessor and Lessee agree to follow in their Lease relationship. It is a legal contract, as well as an immensely practical document full of crucial business details, such as how long the tenant can occupy the property and the amount
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PLANNED PREVENTIVE MAINTENANCE (PPM) OF BUILDING It is based on a fixed execution frequency of activities that generates a calendar schedule. A time-based maintenance schedule for an asset, equipment or building fabric is based on a library with maintenance activities and its pre-set frequency of execution for that asset. These frequencies can be based on
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DIFFERENCE BETWEEN INSOLVENCY AND BANKRUPTCY The term ‘insolvency’ can be used in the context of both individuals and organizations. Insolvency represents that particular ‘state’ in which the individual or organization is not able to settle debts on time when they fall due for payment because of lack of funds or bank balance. On the other
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