Question 18 in the eyes of the judiciary and for the

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Question 18. In the eyes of the judiciary, and for the purposes of the determination of Current Market Rental Levels - Which one of the following leasing negotiation scenarios constitutes the best, most reliable Comparable Market Evidence : & type of (a) Where an option for a renewal of a recently-expired lease is taken up by a sitting tenant at a newly-negotiated market-based rental. (b) Where a mid-term or other periodic rent review to market is conducted and negotiated, under an existing lease. (c) Where vacant space is leased out to a new tenant, and where the commencing rental is negotiated freely between the parties at the prevailing market level and prevailing market conditions. (d) In the eyes of the judiciary, all of the above scenarios are equally valid in terms of quality of the evidence involved. under

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