<p>E11 Appraise and value property</p><p>E11.3 Prepare and present appraisal and valuation reports and assess compensation</p><p>Performance Criteria - this involves being The Range... able to... [1] Appraisal and valuation: (a) prepare a complete and accurate appraisal and • sale; valuation report and clearly specifying the level • purchase; of valuation, qualified by any relevant factors, • letting; which conforms to relevant codes of practice and • obtaining finance; standards • accounting; • rating; (b) check that the appraisal and valuation report is • compulsory purchase; accurate, complete and meets the client's • compensation; instructions • taxation; • insurance; (c) explain clearly where and why accurate inspection • dilapidation; and measurement has not been possible • depreciation; • tenant right; (d) identify personal judgments and decisions and • easement and wayleave; taking full responsibility for them • lease extension</p><p>(e) assess the status and validity of opinions and [2] Report: judgments made by other people • legal and statutory requirement; • defined by the client (f) present the report to the client and clarify any questions which the client asks about the [3] Relevant factors: valuation • condition; • remedial works; (g) keep internal records which are clear, accurate • costs; and complete, and which conform to accepted • recommendations; professional and statutory requirements • specialist reports E11 Appraise and value property</p><p>E11.3 Prepare and present appraisal and valuation reports and assess compensation The Evidence - performance and The Evidence - knowledge and process understanding</p><p>Product Evidence: (1) What do you identify as personal judgments and decisions? (understanding) (d) [1] (1) Appraisal and valuation reports which include level of valuation, relevant factors, explanations, personal (2) How do you keep internal records? (application) (g) [1] judgments and decisions, status and validity of opinions (a,b,c,d,e,f,g) [all] (3) How and why do you assess the status and validity of opinions and judgments made by other people? (2) Internal record(s) (g) [1] (analysis) (e) [1] </p><p>Process Evidence: (4) How and why do you take full responsibility for personal judgments? (evaluation) (d) [1] (1) Presentation(s) and clarification given to clients (f) [1,2] (5) How do you prepare a complete and accurate appraisal and valuation report? (application) (a) [1,2] </p><p>(6) How do you check that the appraisal and valuation report is accurate, complete and meets the client's instructions? (application) (b) [1,2] </p><p>(7) How do you explain clearly where and why accurate inspection and measurement has not been possible? (application) (c) [2] </p><p>(8) How do you present the report to the client and clarify any questions which the client asks about the valuation? (application) (f) [2] </p><p>(9) How and why do you specify the level of valuation, qualified by any relevant factors, which conforms to relevant codes of practice and standards? (evaluation) (a) [1,3] </p>