Appraisal Malpractice: It’s About Standards, Not the Ultimate Value

Business Valuation UpdateVol. 18 No. 4
Legal and Court Case Update
April 2012

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8111 Legal Services
541110 Offices of Lawyers
malpractice (appraisal)
Development Specialists, Inc. v. Weiser Realty Advisors LLC
2012 U.S. Dist. LEXIS 8666
January 24, 2012
US
Federal Court
New York
United States District Court
Enid Hoffman (plaintiff); Duff and Phelps (defendants)
Forrest

Summary

In a malpractice action against a real estate appraiser, district court excludes valuation of leasehold interest by plaintiff’s financial expert for failing to comply with any professional standards, and for unreliability under Daubert.

See Also

Development Specialists, Inc. v. Weiser Realty Advisors LLC

Full Text of Court Cases
January 24, 2012

In a malpractice action against a real estate appraiser, district court excludes valuation of leasehold interest by plaintiff’s financial expert for failing to comply with any professional standards, and for unreliability under Daubert.