AR113-OOO - Attacking and Defending an Appraisal in Litigation

Registration

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Course Description

After years of experience and discussions with practitioners and attorneys that have been involved in cases, it is evident that there are common mistakes and misunderstandings concerning appraisal and consulting roles within the applications of law and practice in the courts. There are literally billions of dollars in real estate cases in this country involving condemnation, property tax, leases, divorce, insurance claims and other settings where value and real estate consulting is an issue. However, there are very few quality seminars that help the attorney and real estate professional with their role in a case. This seminar gives timely advice on how to be ethical and also helps the participant to accurately articulate apprpriate theory and not fall for tricks from the opposition.

This seminar provides a framework and considerations for attacking and defending an appraisal in litigation. Common mistakes made in appraising and testifying concerning an appraisal are stressed and various standards and ethical rules that are frequently misapplied or misunderstood are highlighted and explained. In addition, common tricks and how to prepare for tricks on cross-examination are identified, as are ways to address hypothetical questions at trial. A case study will also be used to apply the Attacking & Defending Model.

Course Audience

This seminar is designed to assist attorneys, appraisers and real estate professionals with valuation and other real estate appraisal questions in the context of litigation. The seminar is two days and offers the professional model on testifying, procedural and evidentiary basics, Uniform Standards of Professional Appraisal Practices, and appraisal theory that is often misunderstood or misapplied.

Instructor

Ted Whitmer, MAI AI-GRS CRE CCIM AQB Certified USPAP Instructor served on the TALCB and was vice chairman of the Board. Ted is a Certified General Appraiser, licensed as a lawyer with the State of Texas and as a Real Estate Broker. He became an MAI in 1985 and graduated from law school and passed the Texas bar in 1988. Education includes a B.A. from Stephen F. Austin State University, an M.B.A. from Texas A&M University and a J.D. from the University of Houston Law Center.

State Approvals

ASA has received approval from the following states for up to 14 hours of continuing education credit. Please note - some states may not accept all 14 hours. Please contact your state appraiser board for more information.  Approvals Received - IL, CA, MD and VA.  Pending Approvals - DC.

Agenda

There is no available agenda for this course.

Learning Outcomes

• Identify  common  mistakes  when  performing  the  role  of  an  expert  witness;
• Identify  common  USPAP  errors  in  development  of  appraisals; 
• Identify  common  USPAP  errors  in  reporting  appraisals; 
• Communicate  testimony  in  a  better  and  more  efficient  manner; and 
• Identify  and  Use  the  Attacking  &  Defending  an  Appraisal  in  Litigation  Model.