Abstract The popular sales comparison approach used by analysts to estimate value needs further clarification to show users and the public that professional judgment is applied in every step....
Update on Top Ten Issue #9 “The Price is Wrong? Do Markets Need a Reset for Values to Normalize? There is a consensus that property values have passed their peak. Since the peak, owners and...
Introduction In the context of partnership disputes or marital dissolution, there may be situations where an appraiser is asked to consider whether real estate appreciation over a period of time is...
Introduction After fielding comments and inquiries on special purpose property definitions and refinements based on the original article “What’s so Special About Special Purpose Property?”1 It...
Over the last several decades, the discovery of off-site contamination from various sources such as manufacturing and industrial facilities or disposal sites has become commonplace. The offsite...
A Collaborative Approach for a Complex Valuation Engagement and Its Daubert Compliance with Generally Accepted Authorities Accurate valuations of complex assets require a cooperative...
Special-purpose properties present some unique valuation challenges. For property tax assessments, in condemnation proceedings and even in mortgage lending, debates regarding the proper basis of a...
These days, city officials, finance officers and municipal asset managers everywhere are struggling to come to grips with two unavoidable realities: ever tightening budgetary constraints and aging...
How interests in real estate partnerships are valued can result in significant savings for gift or estate tax returns. According to a new IRS ruling, Revenue Ruling 93-12, the percentage of ownership...
