000			01489cab a2200265 4500
001			ABS48496
008			090401t1993 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u67097
041			_aeng
245			_aMuldoon v Mays of Lilliput Ltd
260			_c1993
350			_a0
490			_aEstates Gazette _v1993 14 EG 100-104(5)
520			_aQBD 4 November 1992. Claim by plaintiff Muldoon (X) for damages against Mays (Y) relating to alleged negligent advice over valuation of property for sale purposes. In May 1988 Y valued the property at £125,000 and X contracted to sell the property to a Mr and Mrs Scanlon for this sum. The offer was accepted on 27 May with exchange of contracts between X and vendor taking place on 1 July 1988 with completion due on 11 July 1988. After exchanging contracts X learnt of possible development in the area which might give properties a higher value and alleges that the true minimum market value of his property should have been £173,000. Action dismissed on the grounds that there was no evidence that a competent surveyor exercising reasonable care and skill would have arrived at a valuation over and above the £125,000 bracket.
650			_aDUTY OF CARE
650			_aHOUSE PRICES
650			_aNEGLIGENCE
650			_aREASONABLE CARE
650			_aUNDER-VALUATION
650			_aValuation _96273
650			_aVALUERS
690			_aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942			_n0
948			_c04/03/1997
999			_c41972 _d41972