The tribunal was asked to value a freehold on the tenant seeking to acquire the reversion under the 1967 Act.
Held: The actual tenant could be treated as being in the market as a potential purchaser of the freehold when assessing a price payable under section 9(1).
Citations:
(1969) 209 EG 239
Statutes:
Cited by:
Cited – Earl Cadogan v Pitts and Wang; Similar HL 10-Dec-2008
The House considered the basis of valuation on an acquisition of the freehold reversion of a lease under the 1967 Act of the three elements, the rent, vacant possession after the lease, and the marriage or hope value of the two interests when . .
Lists of cited by and citing cases may be incomplete.
Landlord and Tenant
Updated: 15 May 2022; Ref: scu.278768
