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18.116. Property valuation is inherently subjective and uncertain

The valuation of property and real estate is inherently subjective. As a result, valuations are subject to uncertainty. Moreover, all property and real estate valuations are made on the basis of assumptions which may not prove to reflect the true position. There is no assurance that the valuations of the properties and real estates will reflect actual sale prices even where any such sales occur shortly after the relevant valuation date.