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Property Problems: What to do when a valuation goes wrong

Sunday 24th of October 2004

by $10,000 per annum. The valuer had previously under-measured the premises. The increase was specifically as a result of his initial incorrect measurement. I had missed out on the rental income of nearly $30,000.

1. Is the valuer liable for my 32-month loss of rent?

2. Can I charge the tenant for the eight months of rent while waiting for the review?

A. First, it is necessary to consider the basis on which the initial valuation was undertaken. From your question it appears the valuer determined the area of the premises rather than you advising the area, which the valuer merely "accepted".

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