How Litigation Appraisals Differ from Other Appraisals
The scope of work is defined by the legal question. The appraiser works with counsel to establish the appraisal's purpose, the required effective date, the applicable standard of value, and any jurisdiction-specific requirements before the analysis begins.
The effective date is often retrospective. Disputes over estates, marital assets, contract breaches, and damages typically require value as of a past date, which means reconstructing market conditions and property condition as they existed at that time.
The appraiser may also serve as an expert witness. Beyond producing the report, litigation work can include deposition and trial testimony, rebuttal of opposing valuations, and consultation on the valuation issues in the case.






