HOUSE_OVERSIGHT_018816.jpg
1.69 MB
Extraction Summary
2
People
4
Organizations
2
Locations
1
Events
2
Relationships
3
Quotes
Document Information
Type:
Property valuation report page
File Size:
1.69 MB
Summary
This document is page 6 of a property valuation report for the IGY American Yacht Harbor Marina, likely prepared by the firm 'irr'. The report confirms the valuers' independence, their compliance with RICS standards in the Caribbean, and specifies that all financial figures are in USD. It justifies the use of the income capitalization approach as the primary valuation method, deeming the sales comparison and cost approaches inapplicable due to the property type and lack of market data.
People (2)
| Name | Role | Context |
|---|---|---|
| RICS members | Valuers / Appraisers |
The document states compliance with the RICS Valuer Registration program is mandatory for RICS members in the Caribbe...
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| External valuers | Appraisers |
The authors of the report identify themselves as 'unbiased, independent, external valuers'.
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Organizations (4)
| Name | Type | Context |
|---|---|---|
| RICS (Royal Institution of Chartered Surveyors) |
Mentioned in the 'RICS Valuer Registration' section, indicating the valuers are compliant with its program.
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| irr |
The logo appears in the bottom right corner. This is likely the firm conducting the valuation, Integra Realty Resources.
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| IGY American Yacht Harbor Marina |
Mentioned in the footer, this is the subject property of the valuation report.
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| House Oversight |
The Bates number 'HOUSE_OVERSIGHT_018816' in the footer indicates the document is part of a collection for a U.S. Hou...
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Timeline (1 events)
A property valuation was conducted for the IGY American Yacht Harbor Marina. This page outlines the methodology, stating the income capitalization approach was used, while the cost and sales comparison approaches were not.
IGY American Yacht Harbor Marina
irr (valuers)
Locations (2)
| Location | Context |
|---|---|
|
The location where the RICS Valuer Registration program is mandatory for its members.
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The specific property being valued.
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Relationships (2)
The document is a valuation report by 'irr' for the 'IGY American Yacht Harbor Marina'.
The report confirms compliance with the RICS Valuer Registration program.
Key Quotes (3)
"We hereby confirm that we have no conflicts of interest or material involvement in the property which is the subject of this valuation; and that we are acting as unbiased, independent, external valuers."Source
HOUSE_OVERSIGHT_018816.jpg
Quote #1
"The income capitalization approach is the most reliable valuation method for the subject due to the following:"Source
HOUSE_OVERSIGHT_018816.jpg
Quote #2
"There are insufficient sales of comparable properties in this market from which to derive a credible value conclusion."Source
HOUSE_OVERSIGHT_018816.jpg
Quote #3
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