How are residential mortgage valuations undertaken in Spain?

By law residential mortgage valuations in Spain have to be undertaken by a valuer working for a specialist valuation company. The companies that undertake mortgage valuations in Spain are known as Sociedades de Tasación (Mortgage Valuation Companies) and the people that undertake the valuations are called Tasadores (Property Valuers). They...

Material Valuation Uncertainty

The RICS recommends that members carrying out valuations should include a phrase related to "material valuation uncertainty" in valuation reports. Villa Surveyors will be following this guidance. A summarised version of the phrase is set out below although we will be adopting the full recommended phrase in our valuation reports:...

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