Commissioner of Valuation Ronald Heeralal said "vultures" pretending to be property valuators are taking advantage of people who are being relocated from the route of the San Fernando to Point Fortin highway."There are vultures out there who will go on site and promise people more than the qualified valuators," Heeralal told the T&T Guardian.Heeralal said the Institute of Surveyors had a list of qualified valuators and when claimants put in their claim with the Commissioner of State Lands, they were given the list.
He spoke to the Guardian yesterday on the second day of the Royal Institution of Chartered Surveyors (RICS) Conference on Valuation and Construction at the Hyatt Regency Hotel, Port-of-Spain."In the San Fernando to Point Fortin highway there are a lot of the lengthy negotiating periods because you have unqualified people who do not know the rights of the claimants and as a result it perpetuates the time it takes to reach a settlement," he said."Nine of ten times claimants, or people whose property are being acquired, may take unqualified people who are not aware of the law to negotiate on their behalf. So if you take an accountant or an engineer to do a negotiation it will prolong the time it takes to reach an early settlement."
"There are firms with qualified valuators who are trained to interpret and apply the regulations under the law."Heeralal said the law clearly guided the state on matters of compensation."The main issue is compulsory acquisition like the highway from San Fernando to Point Fortin and the issue arising out of payment for compensation.""What is fair compensation? Fair compensation is written in the Land Acquisition Act.""The Commissioner of Valuation will negotiate the compensation on behalf of the state. There is legal recourse for arbitration if an agreement with the state cannot be reached," he said.
