A Strata Property Valuer is a building that has been divided into a number of units, each of which is owned by a separate owner. A Strata Property Valuer is usually a multi-unit residential building, but can also be a commercial or industrial building.
The Strata Property Valuer insurance valuation is the process of determining the value of a strata building for insurance purposes.
The valuation is based on a number of factors, including the size and location of the building, the type of construction, the age of the building, and the number of units in the building.
The purpose of the Strata Property Valuer is to determine the amount of insurance coverage that is required to protect the owners of the Strata Property Valuer from loss.
The valuation is also used to determine the premium that will be charged for the insurance coverage. The Strata Property Valuer is a complex process, and should be conducted by a qualified professional.
The valuation should be conducted on a regular basis, in order to ensure that the insurance coverage is adequate.
