A broker's non-binding opinion of the likely price or rent of a property
Date: __________
To: __________ __________
From: __________ __________ Mobile: __________
Dear Sir / Madam,
1. The property
2. My opinion
3. What it is based on
4. Whether I saw the property
5. My interest
6. What this letter is not
6.1 This is the opinion of a property broker, given from what I know of the market. It is not a valuation by a registered valuer. It must not be used as one for a bank loan, for stamp duty, for tax, for a partition or for any court or government purpose.
6.2 Prices and rents change with demand, and a real buyer or tenant may pay more or less. I do not promise that the property will fetch a price or rent in this range.
6.3 I have not checked the title to the property, its papers, any loan on it or any dues. My opinion assumes that these are clear. You should have the title checked by an advocate before you sign any deal.