Glossary

It is a valuation opinion that includes an exterior inspection of the property to be appraised.

An appraisal is a legally binding document that results from a process in which the value of a property is estimated by a professional appraiser (individual), whose legal authority and ethical performance guarantee the reliability of the obtained result. The appraisal is carried out according to generally accepted standards and procedures in the field, as well as methodologies established by the Sociedad Hipotecaria Federal, Sociedad Nacional de Crédito S.N.C., Comisión Nacional Bancaria y de Valores, Valuation Manuals, applicable Valuation Standards (USPAP, IVSC, NMX), and Internal Technical Regulations.

A Technical Report is the outcome of performing any of the following activities: Appraisal, Value Study, Value Estimation by Positioning, Value Opinion, Value Appreciation, Collateral Verification, Technical Opinion, Feasibility Study, Investment Progress Verification, Financial Information Update, Damage Assessment, Rental Assessment, Architectural Survey, and Topographic Survey. It provides a comprehensive analysis and findings related to the specific activity conducted, presenting professional opinions, conclusions, and recommendations based on the gathered information. The Technical Report serves as a reliable and authoritative document for decision-making and reference purposes.

Opinion on the viability, feasibility, conditions, potentialities, or any other technical question that needs to be addressed regarding an investment or an asset that constitutes an asset or guarantee, or is capable of becoming one.

A Technical Quality Assessment is the evaluation of the physical conditions of a residential or commercial property, which must meet certain minimum requirements or established characteristics by the requesting entity. It should not present elements that automatically disqualify it from being eligible for credit approval, or alternatively, it may be declined for that purpose.

A Feasibility Study is the analysis of the consistency between the executive project, the budget, and the technical-legal documentation, which allows for an assessment regarding the fulfillment of technical and legal requirements that make the implementation of a project viable.

This analysis, carried out at the request of the client, provides values under the assumption of completed housing. Its purpose is to evaluate individual or collective housing projects or properties in the construction phase.

These terms describe the process of evaluating the value of an object, property, or project after experiencing a loss, decrease, harm, or deterioration of its components caused by environmental factors such as earthquakes, floods, hurricanes, or by third parties such as fires, accidents, etc. This type of valuation is typically carried out for insurance purposes.

It refers to the fair rental amount that the tenant should pay or the landlord should receive when leasing a property. It is the outcome of the process of estimating the most appropriate monetary amount to be paid for the lease of a property during a specific period or term.

This document is the outcome of a process conducted by a qualified professional (individual) in an office or workspace. The professional estimates the value of a property or asset according to their expertise, legal authority, and ethical standards, ensuring the reliability of the result. The appraisal report is prepared in accordance with generally accepted standards and procedures in the field.

Are all the plans required to construct a project.

This term refers to the examination of the financial advancement of a project, which involves verifying the investment made in land, executed construction works, both in buildings and urbanization, as well as advance payments for supplies not yet utilized in the project.

Describes the review conducted on a property or asset to determine if any changes have occurred in its physical condition, as well as in the economic environment in which it is situated. The purpose of this inspection is to assess any modifications, damages, or impacts that may have affected the asset or its surroundings.