Continue reading "Expert Determination: Use in a rent review or lease renewal"
Expert Determination: Use in a rent review or lease renewal
Jane Rogers reviews recent case law relating to relevance of previous expert determinations ‘In a sluggish market where direct market evidence is scarce, valuers often have to fall back on the rents determined by third-party surveyors acting as independent expert or arbitrator.’ Valuers and lawyers alike, engaged in the business of establishing the open-market rental …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Glenfield Motor Spares Ltd v Brian Smith [2011] EWHC 3130 (Ch)
- Land Securities plc v Westminster City Council [1993] 1 WLR 286