Valuation Legal Brief
Are Appraisers Being Sued for Errors Relating to the COVID-19 Pandemic?
“Wow. I did not go into the basement on my last visit.”
Appraisal Negligence
Lender Blames $6.8 Million Loan Loss on Allegedly Botched Appraisal of 500,000 Gallons of Wine
It’s not only real estate appraisals and business valuations that lead to lawsuits alleging professional negligence and violations of practice standards. Personal property appraisers receive their fair share of claims too – often with interesting stories. In this new case, ACF FinCo I LP, which describes itself as an asset-based Read more…
Valuation Legal Brief
New Appellate Decision – Louisiana Real Estate Appraisers Board v. FTC
Appellate decision issued in the long-standing fight between the Louisiana Real Estate Appraisers Board and the U.S. Federal Trade Commission about “customary and reasonable” appraisal fees.