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DATA SHARING : A CRITICAL FACTOR FOR ESTATE SURVEYING AND VALUATION PRACTICE IN NIGERIA

Ajibola, M. O. and Oloyede, S. A. (2010) DATA SHARING : A CRITICAL FACTOR FOR ESTATE SURVEYING AND VALUATION PRACTICE IN NIGERIA. Global Journal of Engineering and Technology, 3 (1). pp. 61-69.

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Abstract

The study examines the barriers to data accessibility on the operation of the property market, in the field of estate surveying and valuation. The study was conducted using questionnaires, administered on practicing Estate Surveyors and Valuers, within Lagos Metropolis. The study revealed that lack of data sharing is a major barrier to valuation consistency, particularly with transactions on residential ‘properties where evidence of past transactions are very important. The study further revealed that members of the Nigerian Institution of Estate Surveyors and Valuers need, just like RICS, UK, join hands together and create a strong databank just like the Investment Property Databank (IPD),that can be used by anyone that require such information, even at a token.

Item Type: Article
Subjects: T Technology > TH Building construction
Divisions: Faculty of Engineering, Science and Mathematics > School of Civil Engineering and the Environment
Depositing User: Olusola Ajibola
Date Deposited: 10 Mar 2015 21:10
Last Modified: 15 Sep 2015 20:47
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/3704

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