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Ways to stay afloat

By: Language: English Series: Estates Gazette ; (0904) 24 January 2009, 98-99(2)Publication details: 2009Subject(s): Summary: 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.
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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.