NAVA National Association of Valuers and Auctioneers

NAVA National Association of Valuers and Auctioneers

About NAVA National Association of Valuers and Auctioneers

A Nationwide Association of Dedicated Professionals

Established in 1988 in order to bring together like minded professionals aiming at an industry standard. Members are drawn from the fields of Valuing, Auctioneering and Insolvency, providing a valuable cross-section of talent and experience Bringing together Insolvency, Valuation and Auctioneering professionals The Association was established in 1988 in order to bring together like minded professionals aiming at an industry standard. Members are drawn from the fields of Valuing, Auctioneering and Insolvency, providing a valuable cross-section of talent and experience. Founded on the principles of Expertise, Experience, Integrity and Honesty, the Association provides a focal point for the widespread membership throughout the UK. General meetings throughout the year plus the Association’s AGM means that members benefit from a constant exchange of ideas and practices. In addition, an ongoing programme of Continued Professional Development (CPD) ensures that members are kept informed of legislation and best practices as well as providing specialist education. Protecting our clients interests In the fast-moving arena of asset appraisal and disposal, NAVA has created well-structured safeguards to protect clients by ensuring that Nava members ... cannot be both a dealer and valuer value independently at accurate market prices carry out due diligence in all transactions are proven professionals follow a strict code of practice have Professional Indemnity Insurances Probate Probate is a suspended state into which an estate can be put as a result of contention arising from the conditions of a will or from the lack of one. Whether you're the executor or the solicitor you'll need a valuation of all effects and, very probably, advice on the disposal of items. Insurance Being under-insured affects the terms of all contents policies and it's your responsibility to ensure that your valuations are up to date. Inheritance If you inherit goods or property, you may be required to obtain a valuation of those items to determine whether or not inheritance tax might be payable. Whether you are the recipient of items or the solicitor dealing with the estate valuations will be required on all items. Family Division Divorce is always a difficult process. One of the most contentious aspects of any settlement is the division of property and effects. Valuations are often an essential element of this process to ensure that both parties benefit from a realistic appreciation of jointly accrued items. INSOLVENCY PRACTITIONERS Amongst the membership of the NAVA we count a number of insolvency practitioners, responsible for a full range of insolvency services, and certified bailiffs. Services include: Liquidation: creditors and members voluntary liquidation Receivership: administrative and court appointed receiverships Law of Property Act appointments Bankruptcy: debtor and creditor petitions Voluntary arrangements: companies, personal, partnerships Administration orders: companies, partnerships COMMERCIAL ASSETS / PLANT & MACHINERY The NAVA members don't just value fine art and furniture. Many are involved in the complex field of commercial and industrial assets, undertaking valuations for acquisition, disposal, insurance, share value allocation and insolvency purposes. Commercial Asset Valuers usually work on the instructions of liquidators, receivers, banks and accountants to create an inventory, report and valuation. Asset value is determined differently according to the purpose of the valuation. Disposal of assets are carried out by tender, private treaty or auction, either from the client's own premises or after removal to the auctioneer's sale rooms. Using a commercial valuer who is a NAVA member assures you of Best Practice. The variety of assets commercial valuers are called upon to evaluate can include engineering and manufacturing factories, agricultural machinery, contractors' plant, office and shop furniture, trade stock, fixtures & fittings of licensed premises and nursing homes and commercial vehicles. Disposal Do you have an item you think may be valuable but have no real idea? And, if it were valuable, might you then be interested in selling it? Only a professional valuation will ensure that you are in full possession of the facts.

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