We know that divorce is a painful process. There are numerous decisions that have to be settled, including the fate of the shared residence. There are generally two options when it comes to real estate - it can be put on the market and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.
Contact us if your needs include an appraisal dealing with a divorce or other division of assets.
When the intended use of an appraisal is a divorce settlement, it needs a well-established, professional value conclusion that will hold up to a judge. When you order an appraisal from Canadian National Appraisers, you are assured the best in service with courtesy and well-supported conclusions. We also know how to care for the sensitive needs of a divorce situation.
Attorneys in ON and accountants depend on our analysis when calculating real property values for estates, divorces, or other disputes where it is in question. We have a great deal of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal documents for courts or various agencies that meet or exceed their requirements.
For lawyers handling a divorce, your case's evidence frequently requires an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you requested the appraisal. We're accustomed to the techniques and the effort necessary to do a retroactive appraisal that has an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we are hired to do we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion.