Valuation of rights in rem
“The rights in rem is the private law that allows the attribution of an immediate and real power over an object against anyone.
Rights in rem of enjoyment – Rights in rem of guarantee.
The valuation of rights in rem includes administrative concessions (port – public services – mining rights), surface rights (right to build additional storeys – emphyteutic rights), easements, purchase options, etc.”
Purpose:
Intangibles linked to rights in rem over assets.
Purposes:
Mortgage collateral, concession extensions and structural modifications, market value (TEGOVA, IVS, RICS), fair value (IFRS 13), valuation for expropriation purposes, fairness opinions, liquidation, contradictory expert opinion.
Scenarios:
Structured financing processes, definition of public works concessions (infrastructure), planning of development scenarios under concession (ports, public services, etc.)
