The Institutional Specifics of Property Valuation Development in Moldova Cover Image

Институциональные особенности развития оценки имущества в Молдове
The Institutional Specifics of Property Valuation Development in Moldova

Author(s): Olga Buzu
Subject(s): Economy
Published by: Икономически университет - Варна
Keywords: property valuation; valuation activity; state regulation; selfregulation of valuation activities
Summary/Abstract: The article examines specific features of the emergence and development of property valuation, an activity which is relatively new for Moldova. The role played by the state is of major importance in this respect since the mentioned activity did not develop naturally in Moldova but rather was “imported” into it as an integral component of the emerging market economy. The author dwells on the national level institutional specifics of property valuation and analyses diverse development scenarios for the future, with special focus on the examination of possibilities to switch from state regulation to self-regulation in property valuation.