DUAL ROLE OF VALUER
PROTEST TO LAND SALES COMMITTEE (P.A.) DUNEDIN, June 28. During the hearing of a farm case at a sitting of the Otago Land Sales Committee, Mr E. J. Anderson, counsel for a purchaser, a returned serviceman, made another protest against the dual role played in such cases by the Crown valuer. Mr Anderson, when chairman of the committee, made frequent reference to the fact that in farm cases in which returned servicemen were involved, the budget submitted to the I committee was prepared by the same officer of the State Advances Corporation who valued the property concerned for a rehabilitation loan.
Yesterday Mr Rnderson said that as mortgagee,' the State Advances Corporation naturally wanted to see the lowest possible valuation placed on the property, but there Was danger in the present'case that the returned serviceman, who was quite satisfied to pay the contract price, would lose it, “because of absurd cutting down in value.” Counsel contended that in such cases the Crown should obtain services of an outsi.’e valuer.
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Press, Volume LXXXII, Issue 24914, 29 June 1946, Page 2
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173DUAL ROLE OF VALUER Press, Volume LXXXII, Issue 24914, 29 June 1946, Page 2
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