Valuation Report Terms and Conditions Please Return

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1 Valuation Report Terms and Conditions Please Return This is an agreement between Pinnacle Surveyors (England & Wales) Limited, trading as Pinnacle Surveyors, whose registered office is Profile House, Stores Road, Derby DE21 4BD and the client(s) (as described below) relating to the production of a Valuation Report. Property Information Property Address:. Post Code:.. Property Type (delete as applicable): Semi Detached House Detached House Bungalow Terraced House Maisonette Flat End Terraced House Other Property Use (delete as applicable): Owner Occupied Other.. Investment Property Tenure (delete as applicable): Freehold Leasehold Property Purchase Price:. Fee (including VAT):. Client s Contact Information Client Name(s):.... Correspondence address:.... Post Code:.. Tel: (H). (Mob.) ..

2 Please note the following: The valuation/survey has been carried out in accordance with the current RICS Standards (The Red Book). The date of the valuation will be the date of inspection. We can confirm that we have had no previous involvement with the property. Our surveyors have the competency to carry out the report on the property and are all registered under the RICS Valuers Registration Scheme. Valuations may be investigated by the RICS to ensure our compliance with The Red Book. The valuation figure gives an opinion of the Market Value (please see the attached information sheet for further information). Our Complaints Handling Procedure is available upon request. A signed copy of this document must be received before the report can be carried out. Declaration The Client/s instructs and appoints Pinnacle Surveyors to act as Valuers/Surveyors in relation to the production of a valuation/survey on the property upon the terms of this document. I/we agree to the Terms and Conditions provided. I/we also acknowledge receipt of a duplicate of this agreement.

3 Valuation Report Terms and Conditions For Your Records This is an agreement between Pinnacle Surveyors (England & Wales) Limited, trading as Pinnacle Surveyors, whose registered office is Profile House, Stores Road, Derby DE21 4BD and the client(s) (as described below) relating to the production of a Valuation Report. Property Information Property Address:. Post Code:.. Property Type (delete as applicable): Semi Detached House Detached House Bungalow Terraced House Maisonette Flat End Terraced House Other Property Use (delete as applicable): Owner Occupied Other.. Investment Property Tenure (delete as applicable): Freehold Leasehold Property Purchase Price:. Fee (including VAT):. Client s Contact Information Client Name(s):.... Correspondence address:.... Post Code:.. Tel: (H). (Mob.) ..

4 Please note the following: The valuation/survey has been carried out in accordance with the current RICS Standards (The Red Book). The date of the valuation will be the date of inspection. We can confirm that we have had no previous involvement with the property. Our surveyors have the competency to carry out the report on the property and are all registered under the RICS Valuers Registration Scheme. Valuations may be investigated by the RICS to ensure our compliance with The Red Book. The valuation figure gives an opinion of the Market Value (please see the attached information sheet for further information). Our Complaints Handling Procedure is available upon request. A signed copy of this document must be received before the report can be carried out. Declaration The Client/s instructs and appoints Pinnacle Surveyors to act as Valuers/Surveyors in relation to the production of a valuation/survey on the property upon the terms of this document. I/we agree to the Terms and Conditions provided. I/we also acknowledge receipt of a duplicate of this agreement.

5 Basis of Valuation The valuation will be made subject to the following premises:- 1. That the tenure of the property is freehold/leasehold. 2. That the freehold/leasehold interest is not subject to any easements or restrictions which would affect the use of the property in any significant manner nor would the property be adversely affected by any matters which would be revealed by a local search or response to standard pre-contract enquiries. 3. Market Value will be defined as our opinion of the best price at which sale of the freehold/leasehold interest in a property would have been completed unconditionally for cash consideration on date of valuation assuming:- a) A willing seller b) That prior to the date of valuation there had been a reasonable period (having regard to the nature of the property and the state of the market) for the proper marketing of the interest, for the agreement of price and terms and for the completion of the sale. c) That the state of the market, levels of values and other circumstances were on any earlier assumed date of exchange of contracts the same as on the date of valuation. d) That no account is taken of an additional bid by a prospective purchaser with a special interest. e) That both parties to the transaction had acted knowledgeably, prudently and without compulsion. 4. No form of structural survey will be carried out on the property which is for valuation purposes only. We will not inspect parts of the property which are covered, unexposed or inaccessible and therefore cannot comment on whether these areas of the property are free from rot, beetle or other defects. 5. That no harmful or hazardous material has been used in the construction of the property nor has since been incorporated and that there is no contamination in or from the ground and it is not landfill ground. 6. There is no Radon gas present at the property above the structural level. Reproduction and Use The report is for the benefit of the addressee only we accept no liability to any other party who may seek to rely on the whole or any part of this report.

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