IVSL Valuer Exam case studies
IVSL Valuer Exam · Put your knowledge to work in context.
The Institute of Valuers of Sri Lanka (IVSL) is the body established under the Institute of Valuers of Sri Lanka Law No. 33 of 1975, as amended by Act No. The IVSL Valuer Exam case studies are 5 cases and about 2,876 words.
1Mortgage valuation with a second purpose and a value floor
A licensed valuer receives instructions from a Colombo-based bank to value a 12-year-old, eight-storey office building in Colombo 03 for mortgage security. The credit officer also asks that the report be suitable for the bank's annual financial statements and that the valuer 'keep the value at no less than LKR 1.2 billion' because the branch is close to its lending limit.
630 words, about 3 min2Contingent fee, target value and a prior valuation
A sole practitioner is approached by the owner of a 4.2-acre industrial site in Ekala. The owner is in a tax dispute with the Inland Revenue Department over the value of the land at 1 April 2021.
589 words, about 3 min3Tea estate leasehold with immature replanting and environmental liabilities
A valuer is instructed by a lending institution to value a 22-hectare tea estate in Passara held on a 30-year lease from a government-owned plantation company, with 11 years remaining. The estate has 14 ha of mature tea, 4 ha replanted three years ago and not yet yielding, 3 ha of abandoned tea, a factory, a manager's bungalow, and 1 ha of rocky land.
592 words, about 3 min4Land acquisition compensation with severance, injurious affection and budget pressure
A valuer is appointed by a road authority to advise on compensation for 1.8 acres acquired from a 6-acre mixed-use property in Kurunegala. The property has a three-storey commercial building with shops on the ground floor and offices above, a coconut plantation, and an access road.
541 words, about 3 min5Review of a hotel DCF with incomplete construction and lapsed approvals
A valuer is asked by a bank to review another firm's valuation of a 120-room resort hotel in Kalutara. The hotel is 70% complete.
524 words, about 3 min