Who determines the resale figure?
The resale figure is determined by agreement between the owner/estate and management based on recent current market values and comparable sales within the Village. Should a dispute arise an independent Registered Valuer will be consulted. Achievement of highest possible price is naturally a common aim of both the owner/estate and management. Refurbishment to mutually acceptable saleable condition is the responsibility of the owner/estate. This is usually organized by Village Management by mutual agreement.
