ASSUMPATIONS AND LIMITING CONDITIONS
1. This report may not be read or used
by anyone other than the client without the written authorization
of Bin Wang. This report should only be used for the properly
and purpose identified within it. Bin Wang accepts no responsibility
or liability should the information contained within this report
be used by anyone other than the client (or other authorized user)
or for any other purpose or properly other than that specified
within this report.
2. Values are subject to varying and continual
changes in market conditions and neighbourhood factors. Accordingly,
the value presented in this report can only be relied on as the
value estimated as of the effective date of appraisal sepcified
in this report. Should the user of this report wish to know the
value of the subject properly as of another date, Bin Wang will
need to complete an update or a new report.
3. A search on title and ownership has
not been performed. A good title with respect to the subject properly
has been assumed. Therefore, other than what is noted in this
report, Bin Wang assumes no responsibility for matters legal in
nature that may affect the subject property's title, ownership,
marketing or value.
4. Any sketches in this report are included
solely for the purpose of assisting the reader in visualizing
the property.
5. Bin Wang has carried out a visual cosmetic
inspection of the subject property only. This inspection and the
report is not and should not be considered a structural environment
or mechanical inspection and report. Accordingly, unless stated
otherwise in this report, Bin Wang is unaware of any hidden or
not apparenrent structural, environment or mechanical defects
or problems and assumes for the purposes of this report and valuation
that there are none. Therefore, should it subsequently become
known that there is a structural, mechanical or environmental
problem or defect, then Bin Wang reserves the right to alter the
value given in this report.
6.This evaluation has been based on the
assumption that the subject propertly is in compliance with the
applicable zoning, building codes, by-laws, and environmental
regulations. Should this in fact turn out not to be so, Bin Wang
reserves the right to make any necessary changes to the final
estimate of value.
7. This valuation has been based on the
assumption that the information collected from industry recognized
sources and professionals is in fact correct and can be relied
upon for the purpose of this evaluation. |