Section 9(1A) of the 1967 Act makes no express reference to a ‘willing buyer’, but it is implied by the assumption of a sale in the ‘open market’.
Judges:
Fox LJ
Citations:
[1987] 1 EGLR 132
Statutes:
Leasehold Reform Act 1967 9(1A)
Jurisdiction:
England and Wales
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: 05 May 2022; Ref: scu.278772
