What should I do if the appraisal company appointed by the forced demolition court gives a low rating to the hotel’s asset appraisal?

Thank you for the invitation.

Regarding demolition and expropriation, if you are not satisfied with the evaluation report made by the real estate evaluation company, you can provide opinions from the following aspects.

First, apply to the real estate estimation agency (appraisal company) for review within 10 days from the date of receipt of the appraisal report. Put forward your own opinions on the qualifications of the assessed company, assessment procedures, assessment methods, selected parameters, assessment results, etc., and attach relevant evidence.

Second, if the appraisal agency replies that it maintains the original appraisal report, it can apply to the Real Estate Expert Committee for appraisal within 10 days after receiving the appraisal agency’s reply. It must also provide specific reasons and provide relevant evidence.

Third, if it is a case involving a decision on expropriation and compensation or an order to hand over land, during the cross-examination of evidence, objections can be raised to the legality of the assessment report, which will be reviewed by the court.

Fourth, in order to ensure the fairness and rationality of the evaluation results, it is best to actively exercise your rights and participate in the selection of the evaluation institution.

Fifth, if a real estate appraisal agency provides a false appraisal report, you can file a complaint with the corresponding competent department and request investigation and punishment.