This creates an issue for anyone requiring a formal valuation from a qualified valuer of property in Thailand to be used for official purposes, usually in the Courts, overseas.

As a Chartered Surveyor with 40 years of international real estate experience, the majority of overseas Courts will accept a Valuation Report prepared and signed by me.

Different countries have different requirements and much depends on the purpose of the valuation. Sadly many valuations I have carried out are for divorce matters. In the UK there are specific rules with regard to such valuations and they must comply with Part 35 of the Civil Procedures Rules. In Australia the report must be accompanied by an Affadavit witnessed by a Notary.

All formal valuation work is carried out in accordance with the International Valuation Standards Committee of the Royal Institution of Chartered Surveyors.

A formal valuation report will usually consist of a Valuation Certificate, a full Valuation Report accompanied by location plans, photographs, copies of land titles and copies of my Professional Diplomas.

Before accepting valuation instructions I will determine the purpose of the valuation and where it is to be used. I will then issue a Letter of Instruction to be signed and returned to me. I will then make arrangements to inspect the property and obtain all relevant documentation. Provided I have been given all necessary paperwork to complete the valuation, the final report will be available seven days after the inspection.

Please contact me for further information at

hbonning@kosamuiproperties.com

Harry B Bonning F.R.I.C.S.,

Chartered Surveyor.

Managing Director.
 

www.kosamuiproperties.com

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