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Appraisal Request Form for Indonesia

Appraisal Request Form Template for Indonesia

A standardized form used in Indonesia for requesting professional property valuation services, compliant with Indonesian Valuation Standards (SPI) and relevant Ministry of Finance regulations. This document serves as the formal initiation of the appraisal process, capturing essential information about the requesting party, subject property, purpose of valuation, and specific requirements. The form ensures compliance with Indonesian regulatory requirements while facilitating clear communication between the client and the appraiser regarding the scope and objectives of the valuation service.

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What is a Appraisal Request Form?

The Appraisal Request Form is a crucial document used in Indonesia to initiate professional property valuation services. It serves as the primary instrument for documenting client requirements and property details in accordance with Indonesian Valuation Standards (SPI) and Ministry of Finance regulations, particularly Regulation No. 101/PMK.01/2014 and its updates. The form is essential for various purposes including property sales, financing, insurance, tax assessment, and legal proceedings. It contains detailed sections for client information, property specifications, valuation purpose, and specific requirements, ensuring all necessary information is captured for accurate appraisal. This standardized format helps maintain consistency in appraisal requests while meeting regulatory compliance requirements in the Indonesian market.

What sections should be included in a Appraisal Request Form?

1. Client Information: Details of the requesting party including full name, contact information, and legal status (individual/company)

2. Subject Property Details: Comprehensive description of the property to be appraised, including address, type, size, and current use

3. Purpose of Valuation: Stated purpose for the appraisal (e.g., sale, purchase, mortgage, insurance, tax, legal proceedings)

4. Type of Value Required: Specification of the type of value needed (e.g., market value, fair value, liquidation value)

5. Preferred Valuation Date: The date as of which the valuation is required

6. Access Arrangements: Contact details and arrangements for property inspection

7. Timeline Requirements: Expected completion date and any specific deadline requirements

8. Declaration: Client's confirmation of information accuracy and authorization for the appraisal

What sections are optional to include in a Appraisal Request Form?

1. Previous Valuation History: Details of any previous valuations, used when the property has been appraised before

2. Special Instructions: Any specific requirements or considerations for the appraisal, included when there are unique circumstances

3. Third Party Authorization: Authorization for sharing results with specified third parties, included when results need to be shared with banks, courts, or other institutions

4. Environmental Concerns: Section for declaring known environmental issues, included for industrial properties or properties with potential contamination

5. Development Plans: Information about planned developments or modifications, included when property is under development or renovation

What schedules should be included in a Appraisal Request Form?

1. Document Checklist: List of required documents to be submitted with the request form

2. Fee Schedule: Standard fee structure for different types of appraisal services

3. Property Photographs: Attachment for recent photographs of the property

4. Property Plans/Drawings: Attachment for floor plans, site plans, or architectural drawings

5. Title Documents: Copies of property ownership documents and certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Evaluation Form

Cost

Free to use
Relevant legal definitions

























Clauses



















Relevant Industries

Real Estate

Banking & Financial Services

Insurance

Construction & Development

Manufacturing

Retail

Hospitality

Industrial

Agriculture

Mining

Legal Services

Government & Public Sector

Relevant Teams

Real Estate

Finance

Legal

Risk Management

Compliance

Operations

Asset Management

Facilities Management

Property Development

Investment

Insurance

Loan Processing

Corporate Services

Acquisitions

Relevant Roles

Property Manager

Real Estate Agent

Bank Manager

Loan Officer

Asset Manager

Facility Manager

Legal Counsel

Risk Manager

Investment Analyst

Insurance Underwriter

Corporate Real Estate Manager

Development Manager

Finance Director

Compliance Officer

Property Developer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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