Describes the third edition of the Red Book. Notes that it is now mandatory for valuers undertaking certain types of asset valuation to state whether or not they have complied with the advice in the Red Book. Concludes that the third edition contains little new material but the changed format makes it more user‐friendly.
Cherry, A. (1991), "The Statements of Asset Valuation and Guidance Notes (The Red Book)", Journal of Property Valuation and Investment, Vol. 9 No. 3, pp. 247-251. https://doi.org/10.1108/14635789110030958
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