Court May Not Simply Average Expert Appraisals to Determine Valuation

September 4th, 2009 | Posted by: Christopher DeGrezia 0| comments:

By Matthew Barndt, Esq.      dsc_0349aa - valuation (coast guard station case)

When value is in dispute, the parties often engage competing experts to assist the court in rendering a decision.  A recent New Jersey appellate decision concluded that in such cases simple averaging of the valuations reached by competing experts “is not an appropriate methodology for assessing divergent values.” » Read the rest of this entry «

Where Am I?

You are currently browsing entries tagged with appraisal at New Jersey Zoning and Land Use Law.