Market evidence
Language: English Series: New Law Journal ; 164(7625) 10 October 2014, 13-14(2)Publication details: 2014Subject(s): Summary: Discusses the advantages of using expert market based valuation evidence to work out relativity for freehold and leasehold extensions rather than reliance on RICS endorsed relativity graphs in the light of "Kosta v Trustees of the Phillimore Estate" [2014] UKUT 0319 (LC) which accepted the market based approach put forward by the tenant K's expert valuer rather than the relativity graphs used by the landlord T's valuer. Stresses the importance of market based evidence in working out relativity. Refers to "Arrowdell Ltd v Coniston Court (North) Hove Ltd (LRA/72/2005) and Nailrile Ltd v Cadogan which considered relativity.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journals | L158213 (Browse shelf(Opens below)) | 1 | Available | 158213-1001 |
Discusses the advantages of using expert market based valuation evidence to work out relativity for freehold and leasehold extensions rather than reliance on RICS endorsed relativity graphs in the light of "Kosta v Trustees of the Phillimore Estate" [2014] UKUT 0319 (LC) which accepted the market based approach put forward by the tenant K's expert valuer rather than the relativity graphs used by the landlord T's valuer. Stresses the importance of market based evidence in working out relativity. Refers to "Arrowdell Ltd v Coniston Court (North) Hove Ltd (LRA/72/2005) and Nailrile Ltd v Cadogan which considered relativity.