Valuer Z [2013] NZVRB 9

A complaint was received from the complainant on behalf of a Trust concerning a valuation prepared by Valuer Z. The evidence before the Board was that one of the Trustees was contacted by a friend of hers, who said that she would like to make an offer to the Trust to purchase the subject property. The property had become vacant after a long-term tenant had left and the trustees had resolved to sell it rather than renting it again on a short-term basis.