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Re: Your
We are in receipt of your letter of the
Our experience is that the assessed value of properties is not always a reliable index of current market values, particularly with regard to Improvement (buildings). Such assessments are made at somewhat widely spaced intervals and the condition of buildings tends to fluctuate, depending on care and upkeep. For this reason we have found it necessary to have all properties appraised by qualified appraisers.
As advised on the
It is appreciated that the sale of any property is a matter of personal concern to the owner, but, as you are aware, the policies in regard to the management and subsequent liquidation of properties were decided upon by the Government of Canada and while the problem was a difficult one for all concerned we can assure you that it has been the aim of this office to carry out those policies in as careful and fair a manner as possible.