Authorized Property Valuers (AKA) are experts approved by the Property Valuation Board of the Finland Chamber of Commerce. For instance, the AKA valuers are helpful when an impartial and competent valuation is needed in connection with demanding real estate transactions, in security assessments, financial statements, rentals, partitions and distribution of inheritance, and in dispute situations. The AKA valuer estimates the real estate’s value and compiles a written valuation statement.
The AKA valuer has the educational background required for valuation activities and, in addition, at least three to five years of experience in the valuation field. Competence is proved by passing an extremely demanding AKA examination. The AKA valuers are committed to respecting the Property Valuation Board’s rules, guidelines, regulations, the Good Valuation Practice (Finnish Guidelines) and the International Valuation Standard (IVS). The authorization guarantees the valuer’s expertise and the quality of the valuation statement.
Property Valuers Approved by the Finland Chamber of Commerce (KHK) are valuers whose activity is based on the law. There are certain situations in which it is mandatory to use a KHK-valuer and proceeding otherwise must be justified.