sec.17What is the land’s expected realisation

### sec.17 What is the land’s expected realisation The expected realisation of land under a bona fide sale is the capital sum that its unencumbered estate in fee simple might be expected to realise if that estate were negotiated for sale as a bona fide sale. In this section— unencumbered means unencumbered by any lease, agreement for lease, mortgage or other charge. (sec.17-ssec.1) The expected realisation of land under a bona fide sale is the capital sum that its unencumbered estate in fee simple might be expected to realise if that estate were negotiated for sale as a bona fide sale. (sec.17-ssec.2) In this section— unencumbered means unencumbered by any lease, agreement for lease, mortgage or other charge.