Heritage Valuation (Q159)

The class comprises the continued characterizations of instances of E70 Thing as instances of HC1 Heritage Entity. An Instance of HC10 constitutes a so-called institutional fact, i.e., it comes into being by declaration by a competent authority and a related community respecting the declaration. It ends either with the loss of the heritage entity, the termination of its status by the declaring authority or the loss of respect of the declaration or declaring authority by the related communities. An instance of Heritage Valuation will characterize the Heritage Entity as being heritage in the narrower sense of a local community which created it and/or for which it constitutes its active tradition, object of tradition or believe system.