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The Expertise in the Real Estate Appraisal in Italy.

2014

The study focuses on real estate expertise in Italy considering: the market surface ratios, proposing a series of tests designed to predict the influence of these surfaces on the result of the valuation; and the coefficients of the not surface characteristics providing a measure of the estimation error induced by their use. Overall, the study aims to bring out on a rational level the deficiencies, inaccuracies and errors of the valuations based on the expertise when it is applied to the real estate market. In Italy the application of valuation standard is in the early stages of launching.