High valuation not negligent
High valuation not negligent
- 1996
- Property Week 55(5) 2 May 1996, 10(1) .
The High Court has ruled that a high valuation on a leisure complex was not negligent, despite being outside the margin of error, because the borrower was involved in a speculative activity.
EDWARD SYMMONDS AND PARTNERS
MARGIN OF ERROR
NEGLIGENCE
NYCKELN FINANCE
OVER-VALUATION
SPECULATIVE DEVELOPMENT
SURVEYORS
The High Court has ruled that a high valuation on a leisure complex was not negligent, despite being outside the margin of error, because the borrower was involved in a speculative activity.
EDWARD SYMMONDS AND PARTNERS
MARGIN OF ERROR
NEGLIGENCE
NYCKELN FINANCE
OVER-VALUATION
SPECULATIVE DEVELOPMENT
SURVEYORS