PARTIAL INTEREST VALUATION 

Partial interest valuations of land or property can arise in different situations such as divorce, dissolution of business partnerships and in collaborations where the parties involved do not have full ownership of the property in question. Sometimes, especially in partnership situations, it's not simply a matter of appraising the entire property and dividing by the number of owners. A fractional share of property may sell at a discount to reflect lack of control, costs of and barriers to sale. The judgment of a professional appraiser is needed in such valuations.

There are thousands of ways in which the 100% bundle of rights to a parcel of property might be distributed. As an example, consider a property that is owned 'jointly by 2 tenants'. Parts of this property may be leased out to other parties, there may be liens or mortgages or certain easements provided on this property. Evidently, valuing such interests is fairly complex and requires unique skills and experience.

You should be sure the company you hire is qualified to perform partial interest valuations. Here at PahRoo Appraisal and Consultancy, we are. Browse our website to learn more about our qualifications, expertise and services offered.