VALUATION: FACTORS AND METHODS - SPU
I have been instructed to value the Property on the following basis: Market Value, as defined in RICS Valuation – Professional Standards January 2014 (commonly referred to as ‘the Red Book’) incorporating the International Valuation Standards (IVS) as: “the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing ... ................
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