- Sep 3, 2011
- Professional Status
- Certified General Appraiser
He was contracted to appraise a nuke plant by the town...pretty sure it would have been for assessment purpose. If I had a nuke plant in my city I sure as heck wouldn't value it by myself. The client should be able to rely on the appraisal for its stated purpose after all.
EDIT: It is not totally clear in the article if he actually did the original appraisal or just agreed to defend the value. Some mention of using someone else's work product but that's it. I imagine there would be quite a few different products involved in such a valuation.
If not the original appraiser...why isn't the original defending? Did the engagement not provide for testimony? For that kinda monies...why isn't there a new appraisal being used to defend? Something is off in that situation somewhere.
Or I'm just rambling on and on and demonstrating my reading comprehension issues. Maybe I should put the shovel down now.