Article 9. Requirements for the preparation of the assessment report of the Law on Assessment Activities in the Republic of Kazakhstan

Home / RLA / Article 9. Requirements for the preparation of the assessment report of the Law on Assessment Activities in the Republic of Kazakhstan

1. Based on the results of the assessment, at least two copies of the assessment report are compiled, one of which is sent to the customer, the second is kept by the appraiser or the legal entity with which the appraiser has concluded an employment contract, in accordance with the procedure determined by the Chamber of Appraisers.

2. The assessment report is numbered, laced, signed by the appraiser and sealed (if any), and if the appraiser enters into an employment contract with a legal entity, the assessment report is approved by the head of the legal entity and sealed by the legal entity (if any).

3. The total value of the market or other value of the valuation object indicated in the valuation report prepared on the grounds and in accordance with the procedure provided for by this Law is recognized as recommended for the purposes of making a transaction with the valuation object, unless otherwise established by the legislation of the Republic of Kazakhstan.

This Law regulates public relations related to the implementation of valuation activities in the Republic of Kazakhstan, and also defines the legal basis for regulating valuation activities.

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Republic of Kazakhstan

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