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Appraisal Template for Switzerland

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Key Requirements PROMPT example:

Appraisal

"I need an Appraisal contract under Swiss law for valuing a portfolio of luxury residential properties in Zurich, with completion required by March 2025, including specific provisions for multiple site visits and market comparison methodology."

Document background
The Appraisal contract is a specialized agreement used in Switzerland when professional valuation services are required for assets ranging from real estate to business interests, artworks, or other valuable items. This document is essential for establishing a clear framework for the valuation process, ensuring compliance with Swiss legal requirements and professional standards. It is commonly used by businesses, individuals, and institutions requiring formal asset valuations for various purposes such as sales, purchases, insurance, tax matters, or financial reporting. The contract must comply with Swiss law, particularly the Swiss Code of Obligations (OR/CO), and often incorporates industry-specific standards and methodologies. It protects both the appraiser and the client by clearly defining the scope of work, limitations, and mutual obligations while ensuring professional standards are maintained throughout the valuation process.
Suggested Sections

1. Parties: Identification of the appraiser and the client, including full legal names, addresses, and registration numbers if applicable

2. Background: Context of the appraisal request and brief description of the asset(s) to be appraised

3. Definitions: Key terms used throughout the agreement, including technical valuation terms

4. Scope of Services: Detailed description of the appraisal services to be provided, including the specific asset(s) to be valued

5. Methodology: Overview of the valuation approach and methods to be used

6. Timeline: Schedule for the completion of the appraisal and delivery of the report

7. Fees and Payment Terms: Compensation structure, payment schedule, and expenses

8. Obligations of the Client: Client's responsibilities including providing necessary information and access

9. Obligations of the Appraiser: Appraiser's duties, professional standards, and quality commitments

10. Confidentiality: Provisions regarding the handling of confidential information

11. Liability and Limitations: Extent and limitations of the appraiser's liability

12. Termination: Conditions and process for terminating the agreement

13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

14. Signatures: Execution block for all parties

Optional Sections

1. Independence Declaration: Required for formal valuations where appraiser independence must be explicitly stated

2. Conflict of Interest: Detailed section needed when potential conflicts need to be disclosed

3. Insurance Coverage: Details of professional indemnity insurance when required by client or regulation

4. Subcontracting: Required when the appraiser may need to engage other experts or subcontractors

5. Intellectual Property: Needed when the appraisal involves analysis of IP or creates valuable proprietary methodologies

6. Force Majeure: Additional protection clause for extraordinary circumstances

7. Data Protection: Required when handling personal or sensitive data under Swiss data protection laws

8. Use and Distribution: Required when there are specific limitations on how the appraisal can be used or distributed

Suggested Schedules

1. Schedule 1: Asset Description: Detailed description of the asset(s) to be appraised

2. Schedule 2: Required Documentation: List of documents and information required from the client

3. Schedule 3: Valuation Methodology: Detailed explanation of the valuation methods and approaches to be used

4. Schedule 4: Fee Structure: Detailed breakdown of fees, expenses, and payment terms

5. Schedule 5: Timeline and Deliverables: Detailed project timeline and description of deliverables

6. Appendix A: Professional Qualifications: Appraiser's relevant certifications and qualifications

7. Appendix B: Terms and Conditions: Standard terms and conditions of the appraisal service

8. Appendix C: Compliance Documents: Relevant professional standards and compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses




































Relevant Industries

Real Estate

Financial Services

Insurance

Banking

Manufacturing

Art and Collectibles

Industrial

Retail

Technology

Energy

Agriculture

Construction

Mining

Hospitality

Healthcare

Relevant Teams

Legal

Finance

Risk Management

Compliance

Real Estate

Asset Management

Investment

Treasury

Property Management

Facilities Management

Operations

Business Development

Mergers & Acquisitions

Insurance

Procurement

Valuations

Relevant Roles

Chief Financial Officer

Asset Manager

Property Manager

Real Estate Appraiser

Valuation Specialist

Risk Manager

Investment Manager

Portfolio Manager

Financial Controller

Compliance Officer

Legal Counsel

Insurance Underwriter

Property Developer

Facilities Manager

Business Development Manager

Mergers & Acquisitions Manager

Treasury Manager

Real Estate Agent

Art Curator

Collections Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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