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What is a property valuation?
A property valuation is the process of getting an estimate of the worth of your home from an estate agent or independent value. This is based on different factors like location, size, condition etc., and is given to help you get an idea of what a fair asking price for your property might be.
Property valuation certificate is a legal document which certifies the details of the entry in the Register of Land Values. Property valuation helps to determine the fair market value of a property at the time of property sale or purchase. The value of the property estimated varies from state to state.