ABSTRACT
In this chapter … • The conventional method of valuation used when the required value cannot be found just
from comparison. • The basis of valuing many freehold and leasehold interests. • How to select the correct level of all risks yield to use. • The other different types of yield that may be used to calculate the value and how to
choose between them. • The valuation of reversionary interests. • The types of tax and their effects on property valuation. • The annual expenses incurred in the ownership and occupation of land and buildings and
how to estimate them. • Insurance of buildings and how this differs from valuation.