EMERALD INVESTMENT PROPERTY
EMERALD INVESTMENT PROPERTY
Excellence in "Investment Property" Professional Services and Advice
Australian Property Insurance Valuations
Avoid being the Co-Insurer - Why be financially expose by being under-insured and becoming the co-insurer OR paying excessive premiums by being over-insured
Why use our services:
Building and Property related
Legislatively recogonised and
Registered professionals to undertake Insurance Valuations of Buildings and Site Improvements.
Quantity Surveyors are the only:
It is mandatory that a person providing building cost advice, such as Insurance Valuations, be Registered as a Building Practitioner with the Victorian Building Commission
As part of this Registration, the Registered person is required to be a member of the Australian Institute of Quantity Surveyors as well as have the
Professional Indemnity Insurance to a prescribe level.
Mandatory Requirements:
All site inspections, calculations and report preparations for all our projects are undertaken by fully qualified professionals.
We do not use unqualified personnel in any phase of our assignments, ensuring you are getting value for your project.
Australian Taxation Office Ruling TR97/25
“as amended” states:
It is not always possible for the purchaser of a building to establish the actual cost of the building, …In those circumstances, we accept a building cost estimate by an appropriately qualified person.
We consider that an appropriately qualified person has expertise in the calculation of building construction costs and is likely to be accepted by a court or tribunal as an expert witness on the issue of calculating the cost of construction of the particular building.
Unless they are otherwise qualified:
Valuers, Real Estate Agents, Accountants and Solicitors etc.
generally have neither the relevant qualifications nor experience to make such an estimate.
Appropriately qualified people include a Quantity Surveyor, who has expertise in the relevant type of construction."
Please note the following determination regarding qualifications:
