Negligent valuation
Negligent valuation
- 1993
- Estates Gazette Case Summaries (1993) EGCS 213(1) (8/1/94) .
"Craneheath Securities Ltd v York Montague Ltd" ChD 3 December 1993. A bank, which lost money lent to a hotel business, which went bankrupt, sued the surveyor for negligence. The case discussed the margin of error in valuations, RICS valuation guidance notes and the use of the valuation report by the lender.
BANKRUPTCY
CHARGE ON PROPERTY
GOING CONCERN
HOTELS
MARGIN OF ERROR
MORTGAGE VALUATION
MORTGAGES
NEGLIGENCE
OVER-VALUATION
RICS APPRAISAL AND VALUATION MANUAL
RICS GUIDELINES
STATEMENTS OF ASSET VALUATION PRACTICE AND GUIDANCE
Valuation
VALUERS
"Craneheath Securities Ltd v York Montague Ltd" ChD 3 December 1993. A bank, which lost money lent to a hotel business, which went bankrupt, sued the surveyor for negligence. The case discussed the margin of error in valuations, RICS valuation guidance notes and the use of the valuation report by the lender.
BANKRUPTCY
CHARGE ON PROPERTY
GOING CONCERN
HOTELS
MARGIN OF ERROR
MORTGAGE VALUATION
MORTGAGES
NEGLIGENCE
OVER-VALUATION
RICS APPRAISAL AND VALUATION MANUAL
RICS GUIDELINES
STATEMENTS OF ASSET VALUATION PRACTICE AND GUIDANCE
Valuation
VALUERS