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Divorce appraisal

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David S. Roberson

Thread Starter
Senior Member
Gold Supporting Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
I do a lot of divorce work, but here's a new situation:

I'm appraising Jack Doe's land for his soon to be ex-wife Jane Doe. (Jane Doe's attorney is my client).

Jack Doe's attorney wants me to appraise Jane Doe's house for Jack Doe.

Since I'm not an advocate for either side (only an advocate for my independant opinion of value), neither I nor the attorneys see any conflict.

What do my peers say?
 

PropertyEconomics

Elite Member
Joined
Jun 19, 2007
Professional Status
Certified General Appraiser
State
New Mexico
I say if both attorneys agree, and you are not an advocate for either side (which Im sure you are not) you have two jobs. Congrats. Get payment up front for both assignments and make sure both know you have fees for court appearances and have them sign a letter of engagement.
 
Joined
Jan 5, 2004
Professional Status
Certified Residential Appraiser
State
Florida
I don't know about that one........unless both lawyers and jane and john doe sign off I propably wouldn't touch it.
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
I do a lot of divorce work, but here's a new situation:

I'm appraising Jack Doe's land for his soon to be ex-wife Jane Doe. (Jane Doe's attorney is my client).

Jack Doe's attorney wants me to appraise Jane Doe's house for Jack Doe.

Since I'm not an advocate for either side (only an advocate for my independant opinion of value), neither I nor the attorneys see any conflict.

What do my peers say?
It appears both attorneys know that you are appraising both sides assets. Are both attorneys intended users?

If they aren't, you are going to have to be very careful about disclosing anything about the assignment and results before it is made part of the proceedings to other parties.
 

stefan olafson

Senior Member
Joined
Apr 2, 2003
Professional Status
Certified General Appraiser
State
North Dakota
Have it all in writing, lawyers like writing and it would be a go for me. Get paid up front and charge at court.
 

PropertyEconomics

Elite Member
Joined
Jun 19, 2007
Professional Status
Certified General Appraiser
State
New Mexico
I have done many appraisals where both sides agreed to have me as the appraiser. Both sides paid half my fee at the time of inspection or delivery and I never had a problem. In many divorce cases, where the sides are needing an honest valuation and dont want to expend double fees, it can be very beneficial to both sides. One value to negotiate from. Ive never had a problem in those instances with both sides agreeing.
I typically meet with both attorneys at the time of inspection and at the time of delivery and it has worked well.
 

Ray Miller

Elite Member
Joined
Feb 20, 2002
Professional Status
Licensed Appraiser
State
Wisconsin
I would have both lawyers agree to it in writing. I have done many this way, but cya by having it in writing.
 

Thomas Fiehler

Senior Member
Joined
Jun 2, 2003
Professional Status
Certified General Appraiser
State
Ohio
Davie-Gotta go with the majority and say OK as long as everybody knows, and it appears they do. When you leave the properties, stop by the convenience store and buy a lottery ticket (just 1)!
 

David S. Roberson

Thread Starter
Senior Member
Gold Supporting Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
In writing it is !
 

Richard Carlsen

Elite Member
Joined
Jan 15, 2002
Professional Status
Licensed Appraiser
State
Michigan
I concur. Since you are not an advocate for either party nor a participant in the litigation, what you have have is two separate assignments that happen to be for parties at loggerheads in a marriage. That, as your certification will state, does not effect or bias you.

Take the assignments.
 
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