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Joint valuation

  • Jusi89
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01 May 12 #327777 by Jusi89
Topic started by Jusi89
PLEASE.. please can some help?? I''m desperately trying to draft a joint valuation letter for a valuation on a property..I''ve asked before but my stxh solicitors keep on rejecting it.

Can someone send me one if they have already done one... to This email address is being protected from spambots. You need JavaScript enabled to view it...... please

  • LittleMrMike
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02 May 12 #327841 by LittleMrMike
Reply from LittleMrMike
Well, I imagine it might be something like this :
Will you give your opinion as to the price the property could reasonably be expected to realise if sold on the open market, with vacant possession, and free from encumbrances * between a willing buyer and a willing seller.
* just means that if there are any incumbrances they may need to be mentioned.
But I am sorry, I don''t have access to precedent books any more. I would really advise you to see a solicitor who would have such resources. That should not cost you an arm and a leg.
Why are the other side objecting to your wording ?

The other thing is this. A lot might depend on what you want the valuation for.

If a buy out is contemplated, then the valuer will be asked to give his opinion as to a fair price.

If a sale is contemplated the valuer will want to get the best price available. The two situations are not the same, and the instructions to the valuer will differ accordingly, depending on what you want.

LMM

LMM

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