127 Value of dwelling-house

127  Value of dwelling-house

(1)     The value of a dwelling-house at the relevant time shall be taken to be the price which at that time it would realise if sold on the open market by a willing vendor—

(a)     on the assumptions stated for a conveyance in subsection (2) and for a grant in subsection (3), . . .

(b)     disregarding any improvements made by any of the persons specified in subsection (4) and any failure by any of those persons to keep the dwelling-house in good internal repair[, and

(c)     on the assumption that any service charges or improvement contributions payable will not be less than the amounts to be

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