英文版房地产估价报告

1、Real Estate Appraisal ReportCredit Certificate Project of Real Estate of Unit 802, Building 1 ,SanFangQiXiang, No. 19, YangQiao East Road, NanJie St, Gulou District owned by YIN CAI XIA and LU LING GEClient: Appraisal Institution: 。 REAL ESTATE EVALUATION CO.,LTD.Certified Real Estate Appraisers: Pe

2、riod of Appraisal: From July. 31, 2012 to Aug. 01, 2012No. of Appraisal Report: Z.C.X.D2012 No. MZD 0448 CatalogLetter to the Client-1Certified Real Estate Valuers Statement- 3Appraisal Assumptions and Limitation Factors-4Real Estate Appraisal Result Report-6Attachment- 121. The diagram of the appra

3、isal subject; 2. Photos of appraisal subject; 3. Materials provided by the client (photocopies), including: 1) Certificate of House Ownership; 2) Certificate of House Joint Ownership;4. Photocopies of materials of appraisal institute: including 1) Business License for Legal Person Enterprise; 2) Rea

4、l Estate Price Appraisal Qualification Certificate; 3) Certificate of Registered Real Estate Appraiser Letter to the ClientZ.C.X.D2012 No. MZD 0448MRs. XXX and MR. XXX Under the authorization, 。 REAL ESTATE EVALUATION CO.,LTD. sent valuers XXX (Registration No.: XXX）, XXX (Registration No.: XXX) und

5、ertaken the appraisal of the following real estate. Now in accordance with laws and regulations and policies issued by the state and local government, and documents our company had in hand, according to appraisal purpose and following appraisal principles, by using scientific methods, and combining

6、the analysis of real estate market, now the relevant situations are explained as follows: Appraisal subjectUnit 802, Building 1 ,SanFangQiXiang, No. 19, YangQiao East Road, NanJie St, Gulou District, Fuzhou City,ChinaAppraisal purposeProvide value reference for the credit certificate of the clientTy

7、pe of value Market value Appraisal datum dateJuly. 31, 2012Time of completionYear 2002Usage recorded on the house certificateResidenceStructure of houseReinforced concreteUsage recorded on the land certificateThe client provides neither of State-owned Land Use CertificateNature of landLand certifica

8、tes wasnt provided by the client, so its appraised as assigned land this time.Construction areaResidence: 146.84m2Market ValueRMB 2,350,000.00Value of rightsThe value of the clients right is RMB 2,350,000.00.The report is only used by the client for the appraisal purpose indicated in the report. The

9、 using right of the report belongs to the client. Without written permission of our company, no one can provide the report to units or individuals other than the agreed users and units and individuals who have the right to examine appraisal report according to regulation of laws and regulations. The

10、 above contents are abstracted from Appraisal Report. Anyone wants to know complete situation of this appraisal subject, please read the whole contents of the report carefully. 。 REAL ESTATE EVALUATION CO.,LTD. Authorized person: XXXAug. 01, 2012Certified Real Estate Valuers StatementWe solemnly dec

11、lare that:1. The statement made in this Appraisal Report is true and accurate.2. The analysis, opinion and conclusion in the Appraisal Report are our professional analysis, opinions and conclusions. However, they are limited by the assumptions and limitation factors stated in the Appraisal Report.3.

12、 We have no conflict of interest with the appraised subject, neither do we have any conflict of interest with or prejudice against our client.4. The analysis, opinions and conclusions in this Appraisal Report are made in accordance with the State Standard of the Peoples Republic of China on Real Est

13、ate Appraisal Criterion, and Urban Real Estate Management Law of the Peoples Republic of China and matching laws and regulations of Ministry of Construction and local government, Land Management Law of the Peoples Republic of China and matching laws and regulations of Ministry of Land & Resources an

14、d local government, Urban Land Appraisal Regulation. 5. Our valuers have done field survey on appraisal subject (surveyed by: XXX), only for appearance and using conditions, they did not inspect the construction structure, quality of building materials, house attached equipment, facility and hidden

15、project. 6. No one provides important professional help to this appraisal report.7. We only reveal the ownership of appraisal subject according to materials provided by the client, not the guarantee of legal ownership of appraisal subject. To confirm or make opinion on legal ownership of appraisal s

16、ubject is not our practice responsibility. The client and relevant party must be responsible for the authenticity, legitimacy and completeness of legal ownership materials of appraisal subject. 8. To abide by relevant laws and regulations and appraisal standard, to issue professional opinion on valu

17、e of appraisal subject under the specific purpose on appraisal datum date is the responsibility of valuers; To provide necessary materials and ensure authenticity, legitimacy and completeness of materials, and use Appraisal Report properly is the responsibility of the client and relevant parties. Re

18、al estate valuers who participate in this appraisal: XXX: XXX(Registration No.: XXX） (Registration No.: XXX) Appraisal Assumptions and Limitation FactorsI. Assumptions:1. The appraisal is done on the premise that the subject continues to be used with the keeping of present condition. 2. There is no

19、significant change in the real estate market in the supply and demand circle where the subject exists from appraisal datum date to realization date. 3. There is not any unknown building quality and safety hazards or flaws of appraisal subject. 4. The documents provided by the client are authentic, l

20、egal, effective and complete. The legal priority rights to get compensation funds have fully and truly told to the valuers. Whether the above-mentioned assumptions are standing or not will influence objectivity and reasonability of appraisal results. II. Limitation Factors:1. The appraisal conclusio

21、n includes land use right value, but excludes second decoration value. 2. The taxes of the appraisal subject are calculated by standard of present real estate transaction tax. The taxes are using the appraisal amount as base number. Because the actual dealing price is not equal to the appraisal amou

22、nt, the actual transaction taxes may different from the above calculation results. 3. The client does not provide land use certificates, so the appraiser can not obtain the information about nature, term and area of the land. The real estate consigned to appraise is commodity house obtained through

23、purchase and sales. The nature of the land is state-owned assigned land according to investigation, so the land is appraised as assigned land this time. If there is any difference, it shall be adjusted accordingly.4. The Appraisal Report is only used by client and other users for the purpose of appr

24、aisal, not for other purposes. If appraisal purpose and using conditions change, necessary amendments or re-appraisal must be done after asking for appraisal institution for consultation. 5. The use right of the appraisal report belongs to the client. Without getting written permission of our compan

25、y, the client can not provide the report to units or individuals other than the agreed units and individuals who have the right to examine appraisal report according to regulation of laws and regulations. 6. Generally, the report is valid within one year after finishing the report. As the time passi

26、ng by, the real estate market condition and subject itself may change, the market value of appraisal subject will change accordingly. So, the client must re-appraise the value of real estate in periodically or when market prices of real estate changes fast.7. The Real Estate Appraisal Report can be

27、used once with official seal, integrity seal and collation seal of the appraisal institution and signatures of two real estate valuers on it.8. The report contains some documents for reference. The documents for reference are important compositions of the report. They have the same legal effect as t

28、he report.9. This report has Chinese and English two versions, contents and appraisal results of these two versions should be the same, if there is any difference or ambiguity, the Chinese version should be prevailed. 10. Our firm shall keep the Appraisal Technical Report for file.Real Estate Apprai

29、sal Result ReportZ.C.X.D2012 No. MZD 0448Under the authorization of the client, our company has appraised the subject. We hereby give the following report on the appraisal results:I. ClientName: XXXII. Appraisal Institute Name: XXX REAL ESTATE EVALUATION CO.,LTD.Legal Representative: XXXOffice Addre

30、ss: -No. 154, Hu Dong Road, Fuzhou City,China. Qualification grade: the real estate appraisal: Grade A (certificate No.: XXX); III. Appraisal Subject1. Ownership of the appraisal subject The appraisal subject is real estate consigned to appraise by client. According to the Certificate of House Owner

31、ship provided by the client, the ownership of the appraisal subject is as follows: LocationUnit 802, Building 1 ,SanFangQiXiang, No. 19, YangQiao East Road, NanJie St, Gulou District, Fuzhou City,ChinaNo. of title deedR. F.Q.Z. R Zi No.OwnerXXXConstruction structureReinforced concreteConstruction ar

32、ea Residence: 146.84m2UsageResidence and otherTypePrivate property ExcursusPurchased the property from MinChangZhiYe (Fujian) Real Estate Co., Ltd. on Sep 05, 2003According to the Certificate of House Joint Ownership provided by the client, the Joint ownership of the appraisal subject is as follows:

33、 LocationUnit 802, Building 1 ,SanFangQiXiang, No. 19, YangQiao East Road, NanJie St, Gulou District, Fuzhou City,ChinaNo. of title deedR. F.G.R. Zi No.OwnerXXXOwner of Certificate of House OwnershipXXXConstruction area Residence: 146.84m2No, of Certificate of House OwnershipR. F.Q.Z. R Zi No.TypePr

34、ivate property ExcursusPurchased the property from MinChangZhiYe (Fujian) Real Estate Co., Ltd. on Stp 05, 20032. Physical conditions of appraisal subjectResidential quarter locates SanFangQiXiang, No. 19, YangQiao East Road is YiJinHuaTing, it is equipped with water, electricity, natural gas, cable

35、 TV, telephone, broadband networks, safety security, fireproof and other facilities.Appearance of the building The external wall is paved with face bricks, total 26 floors, facing south and north, all for residence.Facility and equipment of the buildingWith elevator, safety security, fireproof facil

36、ities, etc.Age of the building and loss situationIt was completed in Year 2002, the foundation of the building is without subsidence, the appearance is fairly complete.Location of the apartmentLocated at northeast of the buildingFloor heightResidence: about 2.8mSecond decoration conditions within th

37、e houseLiving room and Dining room: with ground tile, wall is covered with wallpaper, and the ceiling is artistic ceiling;Bedroom: solid wood floor, wall is covered with wallpaper and the ceiling are covered with cement paint; Kitchen and Bathroom: with ground tile, ceramic tiles on the wall, the ce

38、iling is suspended; Balcony: with ground tile, ceramic tiles on the wall, the ceiling is covered with cement paint. Lighting, ventilationThe appraisal subject has lighting in two sides, and lighting and ventilation are common.Using mode and limitationResidenceDefect and flawsN/ALand conditionThe lan

39、d is level, the land shape is regular, the geology of the project is good, the degree of development is “six connections”3. Rights conditions of appraisal subjectProperty managementProfessional property managementPresent using conditionsUsed as residence and parking space respectivelyOther special n

40、otesN/A4. Regional status of appraisal subjectGeographic locationThe residential quarter is located at the east of TongHu Roard, west of NanHouJie Avenue, south of Yangqiao Roard. The location of the residential quarter is good. Traffic convenience degreeThere are TongHu Roard, NanHouJie Avenue, Yan

41、gqiao Roard. and other main and secondary roads in the region. Road 118, 128,1,22,55,5,301,317 buses pass by. It is near the bus station and is easy to take a taxi. Road condition is good. External supporting facilities five connections (electricity, road, water supply, drainage, communication, natu

42、ral gas); There are Walmart Supermarket, outlets of China Construction Bank, Industrial and Commercial Bank of China, etc. in the region. Education facilitiesChildren will go to FuZhou Second Middle School.Regional scenery and environment The greening and sanitary condition are commond, and the scen

43、ery and environment are good.Land rankAccording to stipulations of R.Z.Z.(2009) No. 81 Notification of the Peoples Government of Fuzhou City about Announcing Adjustment Results of Land Rank of Four Urban Areas and Basic Land Price, the appraisal subject is located at Rank One residential land of Fuz

44、hou City. IV. Appraisal PurposeTo appraise market value of appraisal subject and provide reference gist for credit certificate. V. Appraisal Datum DateThe appraisal datum date is July. 31, 2012, which is the date of field survey.VI. Type of Value1. Type of value: market value 2. Definition of value:

45、 1) The value standard adopted in this appraisal is open market value standard.2) “Market value” in this appraisal means the appraisal amount on the premise of meeting consumptions and limitations listed before.3. Value connotation: includes public market value of consigned house and building, and u

46、se right of its shared land (the land usage is for residence, the type of land use right is assignment) under the appraisal datum date without any rights limitation. VII. Basis of Appraisal1. Urban Real Estate Management Law of the Peoples Republic of China and necessary laws and regulations of Mini

47、stry of Construction and local government.2. Land Management Law of the Peoples Republic of China and necessary laws and regulations of Ministry of Land & Resources and local government.3. Criterion of Real Estate Appraisal.4. Urban Land Appraisal Regulation.5. R.Z.Z.(2009) No. 81 Notification of th

48、e Peoples Government of Fuzhou City about Announcing Adjustment Results of Land Rank of Four Urban Areas and Basic Land Price.6. Fuzhou City Real Estate Appraisal Commission Contract signed by the client and the company7. Materials Provided by the Client:(1) Photocopy of Clients ID Card (2) Photocop

49、y of Certificate of House Ownership (3) Photocopy of Certificate of House Joint Ownership8. Documents in hand or acquired by our company and the appraisers(1) Documents of real estate transaction price(2) Field survey materials(3) Materials of all kinds of taxes(4) Background documents of real estat

50、e market. VIII. Appraisal Principle1. Independent, objective and just principle:The appraisal institute must keep independency, not be interfered by external factors. If real estate appraisal institute, valuers and client have relations of interests or the valuer is the client, please avoid this sit

51、uation. The appraisal institute and valuers must base on reality, seek truth from facts. The valuer institute and valuers must stand on neutral position, and do not take sides for other party. 2. Legitimate principle: To apprise on the premise of legal rights of appraisal subject3. Appraisal datum d

52、ate principle: The appraisal results are the value of the appraisal subject on the appraisal datum date. 4. Replacement principle: The appraisal results can not deviate from the normal price of similar real estate on the same conditions. 5. Uppermost and optimum using principle: It requires the appr

53、aisal subject to be appraised under premise of uppermost and optimum using principleIX. Methods of AppraisalThe appraisal this time adopts market method to appraise. The so-called market method is to estimate the objective and reasonable price of the appraisal subject by comparing the appraisal subject with reference transacted recently and properly amending the known price of the reference according to replacement principle.The computing formula is:Price of real estate = Price of comparable examples after setting up benchmark adjustment coefficient of real estate market conditions ad