Valuation for legal purposes
TECHNICAL REPORTS FOR SUBMISSION AS PROOF IN LEGAL PROCEDURES.
These valuation reports can be current or for past dates
for submission in a proceeding always involving a real-estate matter: purchase and sale of property, development, construction, asset distribution, etc. The most common purpose of these reports is to determine the market value of a property to be used in a legal proceeding.
Tinsa also performs surveys by motion of the party. Their purpose is usually to quantify lost profits, general damages and/or loss of assets generated by an individual or company, the owner of an asset or someone engaged in development activity, due to actions by third parties.
- Lost profits. Lost profits are considered to be earnings not generated by an unexpected situation that have altered the forecast for the return on the asset.
- General damages. General Damages are costs incurred by an individual or mercantile company within the context of a planned business venture, which have become useless due to an unexpected situation.
- Loss of assets. Loss of assets is the decrease in value of a property as a consequence of an unexpected situation.