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Regulation On independent valuation of a certificate (document) confirming membership in the system of club holiday (timeshare)
Agreement
Regulations
Regulation On independent valuation of a certificate (document) confirming membership in the system of club holiday (timeshare)
Regulation On independent valuation of a certificate (document) confirming membership in the system of club holiday (timeshare)
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Regulation On independent valuation of a certificate (document) confirming membership in the system of club holiday (timeshare)
II. Organization of the valuation
5. The valuation is conducted by a valuator in compliance with the technical task (inquiry) of the valuation client (Application #3 to the Regulation).
6. The technical task (inquiry) for the valuation contains the following:
1) The valuation client (for legal entities – full name and address; for physical persons – surname, name, patronymic, passport details and place of residence);
2) Name of the valuator;
3) Reasons for the valuation (the circumstances that required the valuation);
4) Time limits of the valuation;
5) Materials provided for the valuator (including the certificate (document) which confirms membership in the system of club holiday (timeshare) as well as any other additional documentation containing information related to the real assets which are the object of the membership in the system of club holiday (timeshare), etc.).
1) The valuation client (for legal entities – full name and address; for physical persons – surname, name, patronymic, passport details and place of residence);
2) Name of the valuator;
3) Reasons for the valuation (the circumstances that required the valuation);
4) Time limits of the valuation;
5) Materials provided for the valuator (including the certificate (document) which confirms membership in the system of club holiday (timeshare) as well as any other additional documentation containing information related to the real assets which are the object of the membership in the system of club holiday (timeshare), etc.).
7. In case of additional or repeat valuation to the technical task the previous valuation report is applied (or valuation reports on impossibility of providing the valuation report) as well as materials relating to:
— The organization (management company, resort) – the issuer of the certificate (document) confirming the membership in the system of club holiday (timeshare);
— holders of the certificate (document) confirming the membership in the system of club holiday (timeshare);
— organizations providing the membership in the system of club holiday (timeshare) (resort, management company, market agent);
— real assets which are the object of membership in the system of club holiday (timeshare);
— holders of the certificate (document) confirming the membership in the system of club holiday (timeshare);
— data on the period of using the real assets which are the object of membership in the system of club holiday (timeshare);
— data on membership in the system of club holiday (timeshare).
— The organization (management company, resort) – the issuer of the certificate (document) confirming the membership in the system of club holiday (timeshare);
— holders of the certificate (document) confirming the membership in the system of club holiday (timeshare);
— organizations providing the membership in the system of club holiday (timeshare) (resort, management company, market agent);
— real assets which are the object of membership in the system of club holiday (timeshare);
— holders of the certificate (document) confirming the membership in the system of club holiday (timeshare);
— data on the period of using the real assets which are the object of membership in the system of club holiday (timeshare);
— data on membership in the system of club holiday (timeshare).
8. Additional valuation is conducted in case of incomplete or not clear enough valuation report of the valuator. Incomplete is the valuation report based on investigation of not all data provided to the valuator or not containing full answers under article 3 of the Regulation. The valuation client may apply to the same or different valuators to perform additional valuation under article 2 of the Regulation.The repeat valuation may be conducted (assigned to be performed) by a different valuator under article 2 of the Regulation in case of insufficient valuation report or any doubts of its propriety.
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