The assessment of 'environmental abnormal costs' during the conveyancing of brownfield land
Series: Land Contamination & Reclamation ; 8(4) 2000, 323-332(10)Publication details: 2000Subject(s): Summary: Discusses the estimation of environmental abnormal costs in order to derive values for brownfield land in conveyancing. Describes the situation in terms of the legislative framework established by the Environmental Protection Act 1990. Refers specifically to the assessment of these costs and, whilst this is set in the context of the land valuation process as a whole, land valuation issues, which are within the professional discipline of chartered surveyors, are not addressed in detail. The paper does not consider in detail the issue of non-environmental abnormal costs. It is not possible to derive an approach which completely eliminates commercial risk but the paper puts forward a generic approach based on management of commercial risk, which is considered to represent professional good practice in the estimation of abnormal cost. Journal abstract. References.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS63304 (Browse shelf(Opens below)) | 1 | Available | 110312-1001 |
Discusses the estimation of environmental abnormal costs in order to derive values for brownfield land in conveyancing. Describes the situation in terms of the legislative framework established by the Environmental Protection Act 1990. Refers specifically to the assessment of these costs and, whilst this is set in the context of the land valuation process as a whole, land valuation issues, which are within the professional discipline of chartered surveyors, are not addressed in detail. The paper does not consider in detail the issue of non-environmental abnormal costs. It is not possible to derive an approach which completely eliminates commercial risk but the paper puts forward a generic approach based on management of commercial risk, which is considered to represent professional good practice in the estimation of abnormal cost. Journal abstract. References.