Chartered Surveyor definition
Examples of Chartered Surveyor in a sentence
All valuations have been undertaken by or under the supervision of a fully qualified Chartered Surveyor (MRICS – Member of the Royal Institution of Chartered Surveyors).
Any dispute about whether this clause applies must be submitted to arbitration by a Chartered Surveyor.
Subject to the provisions of Clause 24.5, the decision or award of the Chartered Surveyor shall be final and binding on the parties.
The fees of the Chartered Surveyor shall be borne by Landlord and Tenant in equal proportions or, where the Chartered Surveyor decides fee apportionment, in whatever proportion as the Chartered Surveyor decides having regard (amongst other things) to the conduct of Landlord and Tenant.
Any reference to a Chartered Surveyor shall, if the parties agree in writing within ten (10) Business Days of the Chartered Surveyor's appointment, be deemed to be a reference to an expert but shall otherwise be deemed to be a reference to an arbitrator pursuant to the Arbitration ▇▇▇ ▇▇▇▇.
The parties may require any dispute or difference to be referred to a different Chartered Surveyor, to be appointed under Clause 24.1, if either of them reasonably considers that the Chartered Surveyor appointed to decide the dispute or difference is not appropriately qualified to determine the dispute or difference.
Any disputes in relation to the terms of any sublease or licence required to implement the Property Reorganisation shall be referred to the decision of a suitably qualified Chartered Surveyor who in default of agreement shall be appointed by the President for the time being of the Royal Institution of Chartered Surveyors on the application of either party and such surveyor shall act as an arbitrator in accordance with the Arbitration ▇▇▇ ▇▇▇▇.
In the event of any disagreement between the parties hereto on the application of this Section, the matter shall be referred to a single Chartered Surveyor appointed by mutual agreement or failing agreement to a single Chartered Surveyor nominated by the Chairman for the time being of the Royal Institution of Chartered Surveyors (Hong Kong and China branch) and the decision of the Chartered Surveyor who shall be acting as an arbitrator shall be final and binding.
Notwithstanding the foregoing, in the event any dispute to be determined under this Clause 24 is of a technical nature and is not customarily referred to a Chartered Surveyor, then such dispute shall be referred to an expert (each, an “Expert”), who will act as an expert and not as an arbitrator, as set forth below in this Clause 24.
The Valuation will be carried out on a Red Book basis by a jointly appointed independent Chartered Surveyor, with reference to the original valuation, with the Purchaser providing its original Appraisal to the Surveyor.