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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."
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
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
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
Real Estate
Financial Services
Insurance
Banking
Manufacturing
Art and Collectibles
Industrial
Retail
Technology
Energy
Agriculture
Construction
Mining
Hospitality
Healthcare
Legal
Finance
Risk Management
Compliance
Real Estate
Asset Management
Investment
Treasury
Property Management
Facilities Management
Operations
Business Development
Mergers & Acquisitions
Insurance
Procurement
Valuations
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
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