By Don E Gilbert, Brisbane, Queensland, Australia © June 2006
This paper examines the pitfalls and practices of determining ‘current market rent’ and how to avoid errors and omissions during the process. It includes information about initial appointment, acceptance of appointment, terms of engagement, and completion of the determination or valuation assignment. It also demonstrates how leases can add value to, or devalue, a Tenant’s business assets on their Balance Sheet. Won “Best Research Paper” recognition at the conference.