Landmark liability victory
Landmark liability victory
- 1996
- Financial Times 21 June 1996, 8 Daily Telegraph 21 June 1996, 13 2 RICS Press Release (PR82.CORP) 20 June 1996, (3) .
HL ruling on three appeal cases limiting the legal liability of property valuers for negligently overvaluing property offered as security for loans is heralded as an important test case for property professionals. RICS welcomes the decision.
ERWARD ERDMAN GROP V NYKREDIT MORTGAGE BANK
LIABIITY
OVERVALUATION
PROFESSIONAL NEGLIGENCE
PROPERTY INVESTMENT
PROPERTY VALUATIONS
PRUDENTIAL PROPERTY SERVICES LTD V UNITED BANK OF KUWAIT
YORK MONTAGUE V SOUTH AUSTRALIA ASSET MANAGEMENT CORPORATION
HL ruling on three appeal cases limiting the legal liability of property valuers for negligently overvaluing property offered as security for loans is heralded as an important test case for property professionals. RICS welcomes the decision.
ERWARD ERDMAN GROP V NYKREDIT MORTGAGE BANK
LIABIITY
OVERVALUATION
PROFESSIONAL NEGLIGENCE
PROPERTY INVESTMENT
PROPERTY VALUATIONS
PRUDENTIAL PROPERTY SERVICES LTD V UNITED BANK OF KUWAIT
YORK MONTAGUE V SOUTH AUSTRALIA ASSET MANAGEMENT CORPORATION