Sentences with phrase «valuer knew its report»

However, the arrangements surrounding the valuer's appointment in this case were sufficiently complicated that the Court held the valuer did in fact owe a common law duty to Freemont as well as Lloyds Bank, primarily because the Court inferred that the valuer had a contractual relationship with both parties and because the valuer knew its report would be provided to Freemont as well as the Bank.