Guiding Framework on 'Opinion on Market Value' (OMV) during COVID-19 Impact Period

Real Estate

Guiding Framework on 'Opinion on Market Value' (OMV) during COVID-19 Impact Period

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The purpose of this article is to develop a guiding framework which will help property owners and developers effectively to conduct and establish an 'Opinion of Market Value' during and after the COVID-19 pandemic and to provide guidance as to how the requirements of the valuation Standards may apply during this time and in related specific situations.

August 2020