Valuers will pay a high price for overvaluation
Waters, J.
Valuers will pay a high price for overvaluation - 1997 - Property Week 58(6) 14 February 1997, 20(1) .
The author warns that, despite the bad experiences of the 1980s, it is apparent that valuers are defying the requirements of the Red Book and overvaluing commercial property for loan security - ignoring the evidence of sale prices agreed on the open market.
PROPERTY-COMMERCIAL PROPERTY
LENDERS
OVERVALUATION
RICS APPRAISAL AND VALUATION MANUAL
VALUERS
Valuers will pay a high price for overvaluation - 1997 - Property Week 58(6) 14 February 1997, 20(1) .
The author warns that, despite the bad experiences of the 1980s, it is apparent that valuers are defying the requirements of the Red Book and overvaluing commercial property for loan security - ignoring the evidence of sale prices agreed on the open market.
PROPERTY-COMMERCIAL PROPERTY
LENDERS
OVERVALUATION
RICS APPRAISAL AND VALUATION MANUAL
VALUERS