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Optimum Resolution of Negligent Valuation Disputes

Author/s: Anthony Lavers, Vivienne Spurge

Date Published: 1/01/2001

Published in: Volume 7 - 2001 Issue 3 (pages 195 - 206)

Abstract

This paper examines the issue of disputes arising from allegations of negligence in valuation. It discusses the nature of the disputes, why they occur and their typical characteristics. These characteristics are seen frequently to render litigation a doubtful model for resolution of such disputes. The authors consider alternative methods of dispute resolution, including mediation, mini-trial, the use of a valuation expert to assist the decision-maker and the creation of specialist tribunals.

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Keywords

Dispute Resolution - Legal Liability - Negligent Valuation

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