000			01263cab a2200229 4500
001			ABS48322
008			090401t1993 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u66181
041			_aeng
245			_aMacey v Debenham Tewson and Chinnocks
260			_c1993
350			_a0
490			_aEstates Gazette _v(1993) 12 EG 127-131(5)
520			_aChD 29 September 1992. The plaintiff, M, is a solicitor who started investing in commercial property in 1983. He was mainly interested in freehold retail properties in good locations yet at low rents with about 15 years unexpired. He employed the defendant surveyors, D, to find him properties. In 1986 he bought a property in Maidenhead which led to him suing D for advising him to pay too much for it. He paid £1.026m and alleges the value was £530,000. He was advised by another firm of surveyors that with hope value he should have paid £633,750. The case was held in favour of D on the grounds that the valuation had been correct when examining comparable values and yields.
650			_aABOUT RICS-RICS MEMBERS
650			_aNEGLIGENCE
650			_aSHOP
650			_aValuation _96273
690			_aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942			_n0
948			_c04/03/1997
999			_c41372 _d41372