Splitting up marital assets?Divorce settlements involve many decisions, including who keeps the house. There are generally two options when it comes to the shared residence - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the shared real estate.When the purpose of an appraisal is a divorce settlement, it needs a well-supported, professional report that will hold up to a judge. Rose Appraisal Associates pledges to give you the very best in service with courtesy and well-supported conclusions. Taking into account the particular needs of a divorce situation is frequent territory for us.
Attorneys as well as accountants in Rhode Island depend on our analysis when determining what real estate is worth for estates, divorces, or other disputes needing a value opinion. We understand their needs and are accustomed to dealing with all parties involved. We assemble appraisal documents that fulfill the requirements of the courts and various agencies. As an attorney representing a client in a divorce, your case's evidence typically requires an appraisal to ascertain market value for the residential real estate involved. Often the divorce date can be different from the date you purchased the appraisal. We're accustomed to the processes and what is essential to perform a retrospective appraisal that has an effective date and Market Value conclusion that matches the date of divorce. For each divorce appraisal we perform, we keep in mind that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion. |
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