Carl Paul Developments (Jersey) Ltd`s application
Carl Paul Developments (Jersey) Ltd`s application
- 1994
- Rating & Valuation Reporter 1994 RVR 13-16(4) .
LT 26 July 1993. Application under Law of Property Act 1925 s84(1) determining the compensation payable following an agreed modification of a restrictive covenant from five to nine bungalows on a piece of land. Applicant developer favoured the residual method of valuation whilst the Council proposed valuation by price per plot. Residual method allowed. A sum of £31,500 compensation determined.
COMPENSATION
LAW OF PROPERTY ACT 1925 S84(1)
MODIFICATION
PRICE PER PLOT
RESIDUAL METHOD
RESTRICTIVE COVENANTS
VALUATION METHODS
LT 26 July 1993. Application under Law of Property Act 1925 s84(1) determining the compensation payable following an agreed modification of a restrictive covenant from five to nine bungalows on a piece of land. Applicant developer favoured the residual method of valuation whilst the Council proposed valuation by price per plot. Residual method allowed. A sum of £31,500 compensation determined.
COMPENSATION
LAW OF PROPERTY ACT 1925 S84(1)
MODIFICATION
PRICE PER PLOT
RESIDUAL METHOD
RESTRICTIVE COVENANTS
VALUATION METHODS