Open market value according to §194 BauGB (civil code for building)

„The price, at any given time during negotiations under normal business conditions and within all legal parameters taking into account the actual condition and quality of the property and its location, locality or any other valuation objectives, irrespective of unusual or personal relationships determines the current market value any property could secure.“

Open Market Value according to the Red Book (The RICS Appraisal and Valuation Standard) is:
An opinion of the best price at which the sale of an interest in property would have been a reasonable period (having regard to the nature of the property would have been completed unconditionally for cash consideration on the date of valuation, assuming:
(a) a willing seller;
(b) that, prior to the date of valuation there had been a reasonable period (having regard to the nature of the property and the state of the market);
(c) that the state of the market, level of values ands other circum-stances were, on any earlier assumed date of exchange of contracts, the same as on the date of valuation;
(d) that no account is taken of any additional bid by a prospective purchaser with a special interest; and
(e) that both parties to the transaction had acted knowledgeably, prudently and without compulsion.

Determining the above mentioned current market value for improved or unimproved land/property is the main task of a chartered surveyor

The WertV (regulation for appraisal and valuation standards) repre-sents the standard for valuations in Germany. If the chartered surveyor uses alternative or different valuation methods the decision has to be justified.

The titles “Sachverständiger” or “Gutachter” are not protected by law, therefore anyone can use these titles.

Öffentlich bestellte und vereidigte Sachverständige Anita Polt erstellt Wertgutachten für Weimar / Thüringen

ihk erfurt, industrie- und handelskammer erfurt, bewertung von bebauten und unbebauten grundstücken,bebaute und unbebaute grundstücke,,öffentlich bestellte und vereidigte,öffentlich bestellter und vereidigter,sachverständige,sachverständiger,sachverständigenbüro,immobilienbewertung verkehrswert,wert,marktwert,verkaufswert,verkaufspreis,preis,verkehrswertgutachten,grundstücksbewertung,grundstückswertermittlung,taxe,taxen,schätzung,schätzen,gutachten,gutachter,anitapolt,grundstück