Diminution valuation
Dilapidations in England And Wales, 7th Edition, was published on 31 August 2016 by the Royal Institution of Chartered Surveyors (RICS), it defines diminution valuation as: ‘…a valuation prepared in order to calculate the diminution in value of a landlord’s property incurred as a result of alleged breaches. The document is usually prepared by a specialist valuation surveyor’
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