Appraiser

Appraiser — «оценщик» (otsenschik) — is a professional who has the knowledge and expertise necessary to estimate the value of an asset such as property, goods or business.

Although generally an appraiser is hired by companies or individuals when they need to value a certain object, there are many circumstances when independent valuation is required by law, i.e. non-monetary contributions into the share capital of an organisation. From July 2006 the state does not license the appraisal business. Rather individual appraisers must be members of one of the self-regulated organisations of appraisers.