Very often, when an immovable property is purchased, the company registers the assets purchased at the value specified in the sale-purchase contract. This means that if in the contract only the total sale price is mentioned, the purchasing company cannot break down the prices on the basic parts: land and buildings in order to be recognized in the books. In the best case, the value of the land and the value of buildings is mentioned, without mentioning the value of each separate asset element. If several buildings are found on the establishment, each building should be registered under a distinct inventory number and have assigned a corresponding value.

This can be done by an assessor authorized for immovable properties, that following the analsys performed will be able to assign the total transaction price on each component part.

The Darian team has broad experience in such situations, bringing added value through consultancy provided to its clients that are in one of the described situations. We are a reliable partner during the entire performance of the real estate transaction, since the moment of negotiation, including through due-diligence – and until that of registering the acquisition in the books.

Andreea Suciachi
MAA Senior Valuer-EI, EPI, EBM, VE