The Role of Professional / Expert Advice When Buying / Selling Real Property

Are all "professionals" considered "experts"? It's important to get the right "professional expert" if you're buying/selling real estate.
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Business Valuations

The Total Assets of a Business (TAB) is made up of three types of property: Real Property, Tangible Property and Intangible Property. Make sure you know which property you need valued.
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Expropriation or Fair Game for All?

In both AB & SK, provincial legislation defines Expropriation as “the taking of land without the consent of the owner by an expropriating authority in the exercise of its statutory powers”.
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Leases Impact on Value?

A leases impact on value relates to the question – how does the level of compensation you receive relate to the rights you gave to the tenant in the lease?
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Price – Cost – Value, What’s the Difference?

While the words ‘price’, ‘cost’ and ‘value’ are used interchangeably by some, ‘value’ has a specific meaning in economics that distinguishes it from the related concepts of ‘price’ and ‘cost’.
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Depreciation

Relative to the appraisal field of study, depreciation on improvements stems from three causes - Physical Depreciation, Functional Obsolescence and External Obsolescence.
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