Residential Real Estate Home and Property Planning Appraisal Toronto

Divorce, Matrimonial or Partnership Litigation Issues?

Divorce, Matrimonial, or Partnership Litigation Issues involves many complex decisions.

Ascertaining Fair Market Value is the most important one for the settlement between the two parties, so a local Appraisal Company in Toronto will come handy to ascertain the market value of your property.

An appraisal will help you understand the market value of the property.

There are usually two options when dealing with these scenarios

Either It can be sold, and the proceeds divided between the parties
Or one party can “buy out” the other at “a price.

In most cases, additional legal fees and court proceedings costs are compounded with arguments over the value of the property. This is where the appraisal will ensure you a fair and reasonable market value settlement for both parties through the tough periods when emotions are at the peak.

Appraisals can help you with two services in varying degrees.

We will ascertain an independent and unbiased estimate of the fair market value of the real estate and/or,
can review other party appraisal reports for fairness and accuracy.

Divorce, Matrimonial, or Partnership Litigation Issues require a well supported and professional appraisal that could be defendable in court. When you order an appraisal from Professional Appraisal Firm, you are guaranteed that you will get the best in professional service, unbiased quality appraisal for all your real estate needs.

We know how to handle the sensitive requirements of these situations. Mostly we are asked to determine the fair market value as of the current date, but in some cases the divorce date or separation date may differs from the date the appraisal is being ordered. We need to know date (Valuation Date) the lawyer, mediator and/or accountant may require in the valuation dated to, as every so often the divorce date or separation date differs from the date you order the appraisal (e.g. If the valuation date is based in the past these call called retrospective appraisal)

We are well versed with procedures and requirements necessary to perform Retrospective – Current – Prospective Appraisals with an effective date and fair market value estimate as required for the separation date. In some cases, at the date of marriage the house was pre-owned by one party and the value was not ascertained at that time.

We can also assist in determining the value for pre-nuptial agreements.