What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods
CivilJungle
JULY 21, 2022
In case the person is unable to pay the debt, the property is seized by the bank, and the loan amount is recovered. After the life of the building when it is dismantled the price of scraps like rods, timbers, bricks, etc will procure some money. Before giving a loan the banks usually take a mortgage. This amount is called scrap value.
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