Document downloads - Telecoms
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Telecoms valuation checklist
While the principles of valuing a telecoms installation are no different from valuing any other lease, the valuer needs to understand the issues in the specialist market.
Two versions of the checklist are provided, one that applies under the old regime (the 1984 Telecommunications Code) and one that applies under the new (the 2017 Code). The threshold for deciding which applies is the date of the agreement - whether it is before, or after 28 December 2017.
Fundamental to the process is to determine whether you are valuing for the lessor or lessee, and for what purpose. The most common situations for a telecoms valuer will be valuing a site for sale, valuing a business in liquidation and specialist telecoms valuations.
The telecoms market is so specialist that it is vital to consider the individual circumstances that prevail on the site or sites that are being valued. In some instances, it is impossible to avoid setting new principles that will be used by others as precedents.
The valuer needs a sound understanding of the current market, operators and landlords, along with an up-to-date knowledge of legislation, guidelines and best practice.
This checklist is provided as a sample only. It is the user’s responsibility to check and adapt this as necessary to suit the particular instruction and prevailing circumstances. -
Comparable evidence in property valuation (ARCHIVED)
This document has been archived and is available on isurv for information purposes only.
Covering most types of real estate asset, this information paper discusses the use of comparable evidence in property valuation and aims to outline the principles of comparable evidence use, encourage consistency in its application worldwide, address issues of availability and the use of comparable evidence under challenging market conditions and consider the potential sources of comparable evidence.
This information paper also discusses the use of comparable evidence in different circumstances and markets, whether volatile or inactive, as well as in developing markets, where comparable evidence is often more difficult to obtain and less familiar to valuers.
Although applicable to land and buildings used for commercial, industrial, residential, agricultural and associated purposes, this publication does not cover the use of comparable evidence in the valuation of plant and equipment. Business assets or personal property are also outside the scope of this information paper, however, many of the principles described may be relevant to these types of asset. -
RICS Valuation – Global Standards 2017 (ARCHIVED)
This document has been archived and is available on isurv for information purposes only.
The RICS Valuation – Global Standards 2017 took effect from 1 July 2017, the same date as the IVS 2017.
The accompanying Basis for Conclusions explains the rationale behind the more significant changes made in the final version of the Red Book 2017. Specifically, it addresses the main refinements made in consequence of the responses received to the public consultation. It has been produced purely to assist the reader and does not form part of the standards.
Following the publication of the new edition of IVS, an updated Red Book takes effect from 31 January 2020 in line with the IVS.