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New definition is a welcome change for the profession

By: Language: English Series: Property Week ; 51(7) 18 May 1995, 28(1)Publication details: 1995Subject(s): Summary: Examines existing use value, a new basis of valuation to be introduced in summer 1995, as part of the updating of the "RICS appraisal and valuation manual" (ISBN 0854066993). Considers the change of emphasis from owner-occupation towards a continuity of use and how this will affect the valuer`s approach.

Examines existing use value, a new basis of valuation to be introduced in summer 1995, as part of the updating of the "RICS appraisal and valuation manual" (ISBN 0854066993). Considers the change of emphasis from owner-occupation towards a continuity of use and how this will affect the valuer`s approach.