Victory on negligent valuations
Victory on negligent valuations
- 1992
- Estates Gazette (9232) 15 August 1992, 9-10(2) .
Overturning the longstanding rule of 10% margin of error in valuation disputes, the decision in "Mount Banking Corp v Brian Cooper & Co" came down in favour of a test of whether the result fell within a range of values a `reasonable` surveyor might reach.
ANTICIPATION
CORRECT VALUATION
MARGIN FOR ERROR
MOUNT BANKING CORPORATION V BRIAN COOPER
NEGLIGENCE
Valuation
VALUERS
Overturning the longstanding rule of 10% margin of error in valuation disputes, the decision in "Mount Banking Corp v Brian Cooper & Co" came down in favour of a test of whether the result fell within a range of values a `reasonable` surveyor might reach.
ANTICIPATION
CORRECT VALUATION
MARGIN FOR ERROR
MOUNT BANKING CORPORATION V BRIAN COOPER
NEGLIGENCE
Valuation
VALUERS