000 01245cab a2200193 4500
001 ##L131128
008 051003n2005 000 0 eng u
035 _a(Sirsi) u131128
041 0 _aeng
100 1 _aWard, Martin
245 0 0 _aLet's try an alternative method
260 3 _c2005
490 0 _aEstates Gazette
_v(0538) 24 September 2005, 140(1)
520 _aLeasehold valuation tribunals have been criticised for being pro-tenant when settling disputes about the price to be paid for a freehold or lease extension. The Commonhold and Leasehold Reform Act 2002 stipulates that in leasehold enfranchisement cases where the unexpired term of the lease exceeds 80 years the marriage value is nil but the Act can still provide for full and fair compensation where the term and the reversion are correctly valued. Covers the weakness in the current method of calculating the freehold reversion value of a block of flats which wrongly assumes that the property will not appreciate in value during the remainder of the unexpired lease term. Provides two solutions that rectify this problem
590 _aIKA111005
650 2 4 _aCOMMONHOLD AND LEASEHOLD REFORM ACT 2002
690 2 4 _aPROPERTY-PROPERTY VALUATION AND APPRAISAL
942 _n0
999 _c75958
_d75958