Appraisal of lease payment
Market lease value (lease price)
means amount of lease payment that can be paid for leasing of real estate on the
date of appraisal under typical market conditions.
Lease of the federal or municipal assets.
Appraisal of lease rate or lease payment when the subject of lease is the assets
(including movable assets) owned by the Russian Federation or its constituent entities
or municipal entities is mandatory as set forth by Article 8 of the law «On
Appraisal Activities in the Russian Federation».
Lease payment for the use is determined based on the annual market lease payment
specified by appraiser when determining the market value of an asset subject to
lease.
One of the distinctive features of this type of appraisal is that the report on
appraisal of the lease payment market value must be subject to expert review by
the relevant governmental authorities to confirm its compliance with the laws
and standards concerning appraisal activities.
Reports on appraisal of lease payment prepared by the experts of our firm comply
with the law «On Appraisal Activities in the Russian Federation» and all the
applicable standards concerning appraisal activities, and will be accepted by
the governmental experts for the purposes of particular transactions on leasing
of corresponding assets.
UKey-Appraisal is accredited by and cooperated for many years with the
following organizations:
·
The Agency for Perm Krai Assets
Management;
·
The Property Matters Department, Perm;
·
The Federal Agency for Federal Assets
Management in Perm Krai;
·
The Russian Federal Property Fund, Moscow
(appraisal of seized, movable abandoned assets and other assets converting into
national property);
·
The Russian Federal Property Fund, Moscow
(appraisal of released immovable military assets including ships, boats and
aircrafts).
Lease of office real estate, retail real estate, warehouses and manufacturing
premises
Most of the companies lease office / retail real estate and warehouses. The lease
payments may form significant part of the budget. Any increase in lease payment
will result in decrease of profit yielding. Any increase in lease payment may
result in conflict between a lessor and a lessee. Independent appraisal of
lease payment will help to find a solution beneficial and acceptable for both
parties.
Moreover, the independent appraisal of lease may be used as an instrument for
determination of lease right assignment and for granting of loans or other
kinds of financial support.