Should the valuer be the insurer of all of the client’s risks?
Rosalind Lee
(Rosalind Lee is Senior Lecturer at the Department of Land and Construction Management at the University of Portsmouth, UK)
756
Abstract
Discusses the issue of damages in the Court of Appeal decision in Banque Bruxelles Lambert SA v. Eagle Star Insurance [1995]. Suggests that policy issues, whether or not made explicit, must inevitably be considered in reaching a conclusion as to which party ought to be liable for damages for economic loss due to a fall in the property market. To do otherwise is to risk making the valuer the insurer of all of the client’s risks.
Keywords
Citation
Lee, R. (1996), "Should the valuer be the insurer of all of the client’s risks?", Property Management, Vol. 14 No. 2, pp. 19-28. https://doi.org/10.1108/02637479610115512
Publisher
:MCB UP Ltd
Copyright © 1996, MCB UP Limited