What is the contingency in the valuation of a property?

Nova Scotia, Canada


The following excerpt is from MacDonald v. MacVicar, 2018 NSSC 271 (CanLII):

In the present case the actuary arrived at the overall negative contingency in the valuation of 35% as explained at page 68 (page 6 of her report). This is considerably more than the 15% allowed in Desrosiers v. MacPhail.

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