Property Management

Property Management

Table of Contents
Introduction......................................................................................................................................3
Valuation technique.....................................................................................................................3
Mastery of the principles ............................................................................................................6
Conclusion ......................................................................................................................................7
References........................................................................................................................................8

Introduction
As a result of the enfranchisement claim, the tenant increases his share of the estate from the
owner. In other words, the enfranchisement claim implies the transfer of ownership (lease or
longer title) from the owner to the lessee. Self-assessment, also known as a voting ratio, refers to
a self-catering assessment report that contains two or more rental units that eligible tenants are
looking to purchase discounts from their current owners through a collective vote of rights
(Holmberg, 2019). There are a number of complex factors that need to be taken into account in
the statutory valuation covered in this report, as well as property renewal conditions in pricing
and general and local factors.
Valuation technique
An Enfranchisement Valuation for the flat of Jocasta Grimeley-Ffiennes
To ensure that the assessment of the Joscasta Grimeley-Wien polling unit is carried out
effectively, we follow a standard assessment procedure in which the necessary assumptions are
applied so that the assessment can be completed by mutual agreement. For example, a two-
bedroom apartment has been independently maintained for 99 years and now has 72 remaining.
The £ 300 rent for the land increases by £ 100 a year after 33 years. "The cost of the house is
estimated at £ 975,000.
i) Calculating the term
However, the year of purchase used in the calculation is deducted from the valuation table so that
the owner's value is calculated in accordance with the lease, while assuming that the yield 6.5%.
The annual rent for the land is £ 300.
Year of purchase 33 years @ 6.5% (table calculation) -12.83
This means that this period is £ 300 x £ 12.83 = £ 3,849.
The resulting amount is the owner's compensation for loss of rental income for the period
remaining until the rent expires. This equates to £ 3,849 for the remaining 72 years before the
end of the lease and is considered to be the present value of eligibility for £ 6.25 per annum. That
said, it would be inconvenient to multiply the number of years remaining until the lease ends
with the annual rent of the land (Bieser, Kurzrock & Batra, 2020).