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Risk, Liability and Insurance in Valuation Work, 2nd edition

Risk, Liability and Insurance in Valuation Work, 2nd edition

This guidance note is intended to assist both members and their clients in understanding the main risks and liabilities associated with valuation. It guides members in the negotiation of equitable contracts with clients and the avoidance of major risks and pitfalls.

  • The Court's approach to valuer's liabilities
  • Liability caps
  • Third party reliance on valuations
  • Contractual terms
  • Professional indemnity insurance (PII)