Valuer B [2010] NZVRB 4
The Complainant wrote to the Registrar of the Valuers Registration Board on l February 2005. The letter referred to two valuations undertaken by Valuer B both dated 10 August 2002 but provided on different dates. The revised report recorded a valuation of a property/properties in excess of $11.6 million. The complainant stated in his letter that the project, which was a redevelopment of an existing office building, was not undertaken and the property sold for $6.25 million after approximately one year of marketing