Summary
Olympic Coast Investment Inc., and individual investors (collectively OCI) hired Paul Iverson to conduct an independent appraisal of a gas station and convenience store for the purpose of making a loan in connection with the sale of the business.
See Also
Olympic Coast Investment, Inc. v. Gadini
The court in this case ruled that evidence that an appraiser failed to follow USPAP did not prove the appraiser's negligence per se, but had to be presented to the jury for a determination on negligence.