000 01199cam a2200253 4500
001 ABS66564
008 030401n2003 000 0 eng u
035 _a(Sirsi) u121849
100 _aMurdoch, J.
245 _aValue with hindsight
260 _c2003
490 _aEstates Gazette
_v(0312) 22 March 2003, 126(1)
490 _aArchitects' Journal
_v217(19) 15 May 2003, 50(1)
520 _aDiscusses two approaches which have been taken by the courts when considering purchasers' damages for negligent surveys. The 'difference in value' approach based on the difference between the price paid in reliance upon the report and true value as illustrated in "Watts v Morrow" (CA [1991] CILL 687) is open to dispute and a degree of ambiguity. "Mckinnon v E Survey" (ChD Abs66390) takes the 'true value' approach assessing the value of the property in its defective state with the benefit of hindsight.
590 _aABS
650 _aNEGLIGENT SURVEYS
650 _aValuation
_96273
650 _aDIFFERENCE IN VALUE
650 _aDAMAGES
650 _aWATTS V MORROW
650 _aMCKINNON AND ANOTHER V E.SURV LTD
690 _aPROPERTY-PROPERTY APPRAISAL AND VALUATION
942 _n0
999 _c72407
_d72407