RICS redefines `open market value`
Language: English Series: RICS Press Release ; (56/92) 1 May 1992 (11)Publication details: 1992Subject(s): Summary: The RICS Red Book "Statements of assets valuation practice and guidance notes" will carry a revised definition of `open market value` which comes into effect from 1 June 1992. Copy of revised SAVP No 2 is attached. The revised definition will also apply to the "Mortgage Valuation Guidance for Valuers" and all other Institution publications.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2818-40 (Browse shelf(Opens below)) | 1 | Available | 773-1001 |
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The RICS Red Book "Statements of assets valuation practice and guidance notes" will carry a revised definition of `open market value` which comes into effect from 1 June 1992. Copy of revised SAVP No 2 is attached. The revised definition will also apply to the "Mortgage Valuation Guidance for Valuers" and all other Institution publications.