Valuers do not need a crystal ball
Lee, R
Valuers do not need a crystal ball - 1997 - Property Management 15(1) 1997, 25-31(7) .
Discusses the recent decision in "South Australia Asset Management Corp. v York Montague Ltd" and two other cases in which the HL decided that a valuer is not liable for market losses suffered by a lender who lends on the security of negligently valued property in circumstances where the valuation is only one of many pieces of information on which the lender bases the decision to lend.
AUSTRALIA
BANQUE BRUXELLES LAMBERT SA V EAGLE STAR INSURANCE
Valuation
Valuers do not need a crystal ball - 1997 - Property Management 15(1) 1997, 25-31(7) .
Discusses the recent decision in "South Australia Asset Management Corp. v York Montague Ltd" and two other cases in which the HL decided that a valuer is not liable for market losses suffered by a lender who lends on the security of negligently valued property in circumstances where the valuation is only one of many pieces of information on which the lender bases the decision to lend.
AUSTRALIA
BANQUE BRUXELLES LAMBERT SA V EAGLE STAR INSURANCE
Valuation