A valuation report prepared either by a Land Registry valuations’ officer or by a valuer to determine the fair rent of a property situated in a rent control area should consider the assumptions set out in the Rent Control Law, taking into account the market rent and the average rents of the proximity area, as well as all the circumstances, other than the personal ones, such as the age, character, size, location, condition of the premises and where the building is listed whether the landlord executed any works, the costs and services provided.

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