13 Dec 1985
LEE EDITH (EDITH LO) v. COMMISSIONER OF RATING VALUATION
- Citation
- LEE EDITH (EDITH LO) v. COMMISSIONER OF RATING VALUATION
- Court
- Lands Tribunal
- Case number
- LDRA69/1984
The tribunal held that rateable value must be assessed by reference to a hypothetical reasonable landlord and tenant; readily remediable defects are to be assumed repaired but a reasonable landlord would only undertake minimal repairs where full repairs are uneconomic relative to expected rental return; comparables must be properly analysed and cannot support large arbitrary deductions without supporting evidence; having applied those principles to the evidence, the tribunal found the correct letting rent at the relevant date was $1,400 per month exclusive of rates and reduced the rateable va…