Valuer U [2016] NZVRB 4

On 19 April 2013, the complainant made a complaint via an email to the Valuer General about Valuer U. The complainant is the current Owner of the subject property. The complainant purchased the Property in 2012 under a sale and purchase agreement that was subject to a registered valuation. Valuer U was instructed by the former Owner of the Property to carry out an assessment of fair market value for mortgage lending purposes. Valuer U assessed a fair market value of $640,000 (inclusive GST and chattels) as at 9 March 2012.