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Valuations: value or value for money?

By: Language: English Series: Estates Gazette ; 99245) 14 November 1992, 138-142(2)Publication details: 1992Subject(s): Summary: Asks whether valuations based on the principle of open market value as laid down in RICS guidelines reflect the true value to investors in the light of, "Mount Banking Corporation v Brian Cooper & Co" 1992 a decision which widens the permissible margin of disagreement or error in valuation from 10% on either side of the correct figure.

Asks whether valuations based on the principle of open market value as laid down in RICS guidelines reflect the true value to investors in the light of, "Mount Banking Corporation v Brian Cooper & Co" 1992 a decision which widens the permissible margin of disagreement or error in valuation from 10% on either side of the correct figure.