RICS confirms no new material uncertainty as a result of lockdown

Advises a ‘general lifting’ of material valuation uncertainty

James Baxter-Derrington
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RICS confirmed it will not be recommending the reimplementation of material uncertainty clauses (MUC), despite renewed national lockdowns
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RICS confirmed it will not be recommending the reimplementation of material uncertainty clauses (MUC), despite renewed national lockdowns

The Royal Institution of Chartered Surveyors (RICS) has confirmed it will not be recommending the reimplementation of material uncertainty clauses (MUC), despite renewed national lockdowns.

Following a meeting of the RICS Material Valuation Uncertainty Leaders Forum yesterday (5 January), the body concluded that new restrictions did not affect the ability of independent valuers to ascribe...

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