Principles governing the valuation of land in the context of arbitration
Spence, M
Principles governing the valuation of land in the context of arbitration - 2000 - Arbitration 66(4) November 2000, 269-274(6) .
Considers capital valuations of land and the principles and practice of valuation consequent upon compulsory purchase. Much of the article, however, can be applied to rent reviews; particularly if the Landlord and Tenant Act 1954 is amended as proposed. Looks at the agreement and types of valuation arbitrations, the derivation of principles and the basic principles, such as development value, ransom value, comparable transactions, residual valuation and the 'Bwllfa' principle.
MANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
LAND VALUATION
BWLLFA PRINCIPLE
LANDLORD AND TENANT ACT 1954
VALUATION METHODS
Compulsory purchase
Principles governing the valuation of land in the context of arbitration - 2000 - Arbitration 66(4) November 2000, 269-274(6) .
Considers capital valuations of land and the principles and practice of valuation consequent upon compulsory purchase. Much of the article, however, can be applied to rent reviews; particularly if the Landlord and Tenant Act 1954 is amended as proposed. Looks at the agreement and types of valuation arbitrations, the derivation of principles and the basic principles, such as development value, ransom value, comparable transactions, residual valuation and the 'Bwllfa' principle.
MANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
LAND VALUATION
BWLLFA PRINCIPLE
LANDLORD AND TENANT ACT 1954
VALUATION METHODS
Compulsory purchase