A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
(a) there is a willing seller
(b) there is a reasonable period in which to negotiate the sale
(c) that values will remain static during that period
(d) that the property will be freely exposed to the market; and
(e)that no account will be taken of any higher price that might be paid by a person with a special interest.
Outgoings:Costs incurred by the owner of an interest in property, usually calculated on a yearly basis. Eg. management, repairs, rates, insurance and rent payable to the holder of a superior interest, as appropriate to his contractual or other liabilities. It is prudent to make annual provision for future items involving expenditure at intervals of more than one year.