Definition of open-market value
Language: English Series: Estates Times ; (1118) 1 November 1991, 2(1)Publication details: 1991Subject(s): Summary: The RICS has put forward an amendment to the definition of open-market value in the Red Book, which would make clear that valuers should assume that negotiations and legal formalities had been completed before the date of valuation.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2743-32 (Browse shelf(Opens below)) | 1 | Available | 34177-1001 |
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The RICS has put forward an amendment to the definition of open-market value in the Red Book, which would make clear that valuers should assume that negotiations and legal formalities had been completed before the date of valuation.