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Lesson 19

The Evaluation of Land Plots

1.     Words to master:

evaluation

market price

conditions

demand and supply

process a trade

leased

decision

 2.     Read and translate the text:

The Evaluation of Land Plots

The evaluation of the land plot is the market price of the plot. The price is set taking into account all the factors that influence the cost of the evaluation object (type of location, environmental conditions, demand and supply of the land market).

The evaluation of the land plot is held when a person has to make an administrative decision or process a trade. It is also necessary when a land plot is bought or leased.

To evaluate the necessary land plot a person has to prepare the certain set of documents, determined by the government.

 3.     Give Ukrainian equivalents to the following words and expressions:

a)     evaluation of the land

b)    market price of the plot

c)     the cost of the evaluation object

d)    demand and supply

e)     set of documents

f)      process a trade

g)    necessary land plot

h)    administrative decision

 4.     Complete the sentences:

a)     The evaluation of the land plot is……..

b)     The evaluation of the land plot is………….

c)     The evaluation of the land plot is held when………….

 5.     Answer the questions:

a)     What is the evaluation of the land plot?

b)    How is the land price set?

c)     When is the evaluation of the land plot held?

d)    What does a person have to do to evaluate the land plot?