Application of the RICS Valuation - Professional Standards in Greece
Procedures are in place in Greece to have the valuation profession regulated by law in the near future. This guidance note is intended to respond to the new regulatory regime, with the aim of clarifying potential ‘grey areas’ between the Red Book and Greek law.
This guidance note covers:
- Context and definitions;
- Foreshore: Effects of the foreshore and beach delimitation regime on seaside plots;
- Key money;
- Residual building coefficient (RBC)
- Unauthorised structures;
- Valuation certainty and uncertainty.