Opening address of editor-in-chief.

If for one particular company 20 years — a huge period, for the whole industry it is rather the formation period with its inherent problems of growth and professional recognition.

Realizing all the importance of generations continuity, the need for transfer of experience and knowledge to appraisal beginners, the Russian Society of Appraisers, the first among self-regulatory organizations opened a new line of work — the work with young people.

With development of the land market regulation is clearly taking on the traits of the economic mechanism and foresees all-round development of land assessment and taxation, of direct government control.

The appraiser’s task — to give professional opinion on the value of the cadastral price of the real estate property and to prepare an evaluation report in conformity with the law.

The Russian professional appraisers community has every opportunity to overcome those crisis effects, that are taking place at the present time.

Evolution of this profession in our country went along with the development of international standards system. So we did not have to “reinvent the wheel” in the sphere of assessment methodology.

The most prepared for self-regulation are appraisers. But even they had to gain experience of voluntary selfregulation in order to learn how to develop standards and to clean their ranks regardless of external conditions.

From the very start the Russian Society of Appraisers identified those key areas that were successfully evolving over the successive years.

Today Russia is the key economic and political partner for Slovakia.