This step establishes who requested the appraisal and why — decisive information, since the purpose can influence the methodological approach and the resulting value.
Qualifying the requester
- Full name (individual) or company name (legal entity).
- Tax ID (CPF or CNPJ).
- Mailing address.
- Contact — phone and email.
Most common purposes
- Sale and purchase — fair market value for negotiation.
- Leasing — a rent level consistent with the market.
- Bank collateral — backing for financing and secured loans.
- Inventory and partition — fair division of an estate.
- Expropriation — determining fair compensation.
- Asset revaluation — updating the value on the books.
- Rural credit — collateral for agricultural financing.
Define the purpose clearly: different purposes imply different perspectives on value. An appraisal for bank collateral tends to be more conservative than one for sale; leasing, in turn, requires a specific analysis of the local rental market.