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Arbitrators must take care over rent valuations

Language: English Series: Chartered Surveyor Weekly ; vol 30 no 5 1/2/90 p91Publication details: 1990Subject(s): Summary: In Enfield LBC v Pott and another , Edmonton CC 27 November 1989, it was held, in this first case to be heard concerning arbitration of the rent valuation formula in Agricultural Holdings Act sched 2 that no one factor can dictate the result. The valuation consequences of all relevant factors must be considered and weighed before the arbitrator decides the rent payable.

In Enfield LBC v Pott and another , Edmonton CC 27 November 1989, it was held, in this first case to be heard concerning arbitration of the rent valuation formula in Agricultural Holdings Act sched 2 that no one factor can dictate the result. The valuation consequences of all relevant factors must be considered and weighed before the arbitrator decides the rent payable.