Tymoshchyk Liliia, Ph.D. (Economics), Scientific Secretary of the Research Center for Forensic Examination on Intellectual Property of the Ministry of Justice of Ukraine, Kyiv, Ukraine

ORCID ID: 0000-0002-7695-2169
e-mail: mopof@ukr.net

Basic Principles of the Valuation of State Property

Introduction. The purpose of this article is to systematize the basic principles of valuation of state property as the basic principles of property valuation as a whole. The correct use of valuation principles gives the valuer the opportunity to form a reliable conclusion about the value of the property being valued.

Results. The general principles of the concept of “property valuation principles” are defined. Theoretical approaches to the definition of basic concepts are analyzed. The content of general principles of state property management and property substantiation is substantiated. Specific principles of state property valuation have been clarified. The principles of property valuation are systematized. The relation between the principles of state property valuation is determined. Ways to improve the management of state property on the basis of systematization of principles of property valuation are suggested. The scientific novelty of the obtained results is a comparative analysis of the principles of the efficiency of state property management and the principles of evaluation.

Conclusions. Our classification of principles includes the principles of complexity, science, democratic centralism and those that are also applicable to the assessment of public property management and are general principles of governance. To a special group can be distinguished so to speak the specific principles of property valuation, which follow from the core principles of financial and property control. The group of general principles of valuation of state property can be attributed: the principle of the complexity of state property valuation, the principle of scientific evaluation of state property, the principle of efficiency of valuation of state property, the principle of motivational orientation and economic responsibility of valuation of state property, the principle of division of labor cooperation, the principle of diversity of forms and methods of valuation state property, the principle of professional valuation, the principle of legality, the principle of independence, and the principle of transparency. Specific principles of valuation of state property include: 1) principles of property valuation that help to form an objective view of the user (owner) of the property; 2) principles of property valuation, which at its heart contribute to the formation of an objective view of the property manufacturer; 3) principles of property valuation related to the market environment; 4) the principles of optimal, ie the most efficient use of property. The above basic principles of property valuation and the general valuation principle – the principle of optimal use are the conceptual basis of property valuation – the determination of its real value. They are based on different methodological approaches to the valuation of different objects of property, and also determine the tasks of property valuation. Therefore, the priority areas for further scientific research should be: studying the experience of other countries in determining the basic principles of property valuation, developing a system of principles for valuation of commercial property, and the implementation of international property valuation experience in national practice.

Keywords: principles of property assessment; property; property management; management efficiency.

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