This text deals with the impact of legislation and case law upon valuation. This volume incorporates the impact of changes in property law in the 1990s, up to and including the effects of the Leasehold Reform Housing and Urban Development Act 1994 and the Housing Act 1996. It provides a comprehensive analysis of the law and valuation, recommends approaches to valuation problems and presents interpretations of the legal framework behind these approaches. Worked examples of valuations, with tables and cases and statutes designed for both students and practitionersare included.