Principle

 EVIDENCE LAW — Valuation Evidence — Basis Must Be Relevant to Subject Matter — Investment Calculation Not Proper Valuation of Landed Property

Area of law
EVIDENCE LAW
Court
Supreme Court

Valuation evidence must be based on relevant methodology. Valuing landed property based on investment portfolio calculations (e.g., bank deposit interest) is improper. Such evidence has no probative value. The court will not rely on it. The expert must use recognised valuation methods for real property.…

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