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Valuation of leased income-producing properties exhibiting excess rent

By: Language: English Series: Canadian Appraiser ; 37(2) Summer 1993, 21-26(6)Publication details: 1993Subject(s): Summary: Distinguishes between `economic` and `excess` components of rent charged at above-market levels, and examines the methods of valuing the latter. Capitalisation in perpetuity is suggested as a model.

Distinguishes between `economic` and `excess` components of rent charged at above-market levels, and examines the methods of valuing the latter. Capitalisation in perpetuity is suggested as a model.