What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods
CivilJungle
JULY 21, 2022
Loan security before taking a loan or mortgage – A mortgage is the security of a loan that is done based on the valuation of a building. Before giving a loan the banks usually take a mortgage. In case the person is unable to pay the debt, the property is seized by the bank, and the loan amount is recovered.
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