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COMPENSATION &
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Valuers dealing with public works are usually assessing compensation. For this reason, valuers must have a good understanding of the legislation, case law and principles. From the Waterview Tunnel Project, road widening, public reserve creation or extensions, cycleways, walkways and motorways, we have a wealth of experience and knowledge of the valuation issues in this context. Most important is that valuers retain their independence and objectivity so that your negotiation can be properly informed.
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We have significant experience and expertise in compensation assessments in a wide range of contexts. This extends beyond the Public Works Act 1981 to include compensation under the Local Government Act 2002, Resource Management Act 1991 and Council plan contexts for storm-water ponds and reserves to be created from privately held development land. Peter Bates was appointed to represent the New Zealand Institute of Valuers Council to Select Committee and LINZ on the compensation provisions of the Land Transfer Bill.
Authorities acquiring private property rights know they need to follow proper process to conclude the project. A land owner is entitled to full and fair compensation. Our assessments are based on thorough research, considered analysis and reliable conclusions such that they are often acceptable to both the authority and the private land owner.
Contact us today to discuss the benefits of thorough valuation advice for this context.
Authorities acquiring private property rights know they need to follow proper process to conclude the project. A land owner is entitled to full and fair compensation. Our assessments are based on thorough research, considered analysis and reliable conclusions such that they are often acceptable to both the authority and the private land owner.
Contact us today to discuss the benefits of thorough valuation advice for this context.
Phone: +64 9 482 0209 Email: [email protected]
