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Your client, whose core business is selling groceries, owns a shopping mall in the heart of town. Recently the local government has announced that a
Your client, whose core business is selling groceries, owns a shopping mall in the heart of town. Recently the local government has announced that a new Light Rail Transit station will be built opposite the mall. With the new development, you are of the opinion that the mall cannot be valued accurately at historical cost. You have proposed that they engage a property valuation expert to revalue the property. Your client wants to know why you cant do the estimate yourself as accountants are all experts in figures.
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