OMURA LAW BLOG

The British Columbia Supreme Court reversed the Assessment Appeal Board's valuation of an unremediated brownfield. Not enough consideration was given to the potential risk that the regulator might require remediation or the unique circumstances of the buyer in relation to the land: Victory Motors (Abbotsford) Ltd. v. British Columbia (Assessor of Area No. 15 - Fraser Valley), 2015 BCSC 1230. Valuing Unremediated Brownfields What's wrong with discounting tax assessments for unremediated

Valuing Unremediated Brownfields