Ways to stay afloat
Language: English Series: Estates Gazette ; (0904) 24 January 2009, 98-99(2)Publication details: 2009Subject(s):- PLATFORM FUNDING LTD V BANK OF SCOTLAND PLC (FORMERLY HALIFAX PLC)
- SOUTH AUSTRALIA ASSET MANAGEMENT CORPORATION V YORK MONTAGUE LTD
- EARL OF MALMESBURY V STRUTT & PARKER
- KEYDON ESTATES LTD V EVERSHEDS LLP
- SMITH V ERIC S BUSH
- United Kingdom --
- PROPERTY-PROPERTY VALUATION AND APPRAISAL-VALUATION ACCURACY
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L146489 (Browse shelf(Opens below)) | 1 | Available | 146489-1001 |
Article states that valuations during a downturn will usually be under more intense scrutiny than might normally be expected. Illustrates the key principles that valuers should be careful to stick to so as to avoid claims for damages. These principles are summed up as: valuers should ensure that they know their duty to the client and then carry it out; if a valuer has breached their duty to a client they are not automatically liable for the totality of the client's loss and that valuer's should enter into dialogue with the other side as soon as possible. Highlights recent case law on the subject.