INTERNATIONAL AND NATIONAL PRACTICE ON THE VALUATION OF PROPERTY FOR MORTGAGE LOAN GUARANTEE

Carolina VOLOSATÎI Universitatea Tehnică din Moldova

Abstract

Correct and transparent property valuation is essential to the mortgage loan, in this sense property valuation is one of the major blocks of the mortgage system. This article describes the European Union (EU) regulatory framework specific to property valuation for loan purposes, as well as an analysis of valuation practices for loan purposes in different countries and also at the local level. Keywords: valuation of proprety, mortgage loan, market value, loan value, risk.