Litigation

At True Value Real Estate Appraisals we specialize in real estate litigation.  When a property becomes the subject of a litigation case it is imperative to have experienced, educated, and knowledgeable professionals working with you to protect your real property interests.  Our strategic approach to real estate valuation provides our clients with an objective opinion of property value, highlighting both the positive and negative property characteristics.  This ensures that nothing is left up to the imagination and that any minor or major factors which affect property value are anticipated, analyzed and accounted for prior to entering the court room.  In litigation cases, even more important than the appraiser's actual testimony is the appraisal report itself and case preparation.  In preparing for litigation we work side by side with your attorney to cover all the bases ensuring that we know where we stand and have indisputable supporting evidence.

Some examples of real estate valuation litigation assignments include but are not limited to:

• Property Assessment Appeal (Tax Appeal)
• Business dissolutions and disputes
• Divorce settlement disputes
• Eminent Domain
• Condemnation
• Zoning testimony/Loss of value due to change in zoning
• Partial ownership interest
• Loss of value due to obsolescence analysis (internal & external)
• Partnership disputes and buyouts
• Loss of value due to a breach of contract

The process of performing valuation services for litigation purposes can be complex.  In order to best suite our clients' needs and provide them with realistic advice we complete the following steps:

• Interview with client to identify the problem(s) including any and all factors that have an effect on property value and or factors specific to the assignment at hand
• Interview with members of the litigation team including; lawyers, accountants, surveyors, engineers, environmental experts, planners, etc...
• Property analysis and due diligence to provide an objective opinion of our client's position and whether or not it is advantageous to pursue litigation
• Preparation of a Summary or Self Contained appraisal report including exhibits and supporting documentation
• Analysis and review of opposing parties appraisal report for; errors, inconsistencies, improper valuation techniques and incorrect value conclusions
• Trial preparation with litigation team including; testimony preparation, cross examination strategies, settlement suggestions and reasonable negotiations