Limiting Conditions Shield Appraisers From Third-Party Reliance on Reports

Business Valuation UpdateVol. 13 No. 11
Legal and Court Case Update
November 2007

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3579 Office Machines, NEC
333318 Other Commercial and Service Industry Machinery Manufacturing
fraud
DeBoer v. American Appraisal Associates
2007 U.S. Dist. LEXIS 60861
August 17, 2007
Federal Court
Kansas
United States District Court
none
Lungstrum

Summary

Clear limiting language in appraisal successfully shields against third-party reliance and lawsuit for negligent appraisal.

See Also

DeBoer v. American Appraisal Associates

Full Text of Court Cases
August 17, 2007

Clear limiting language in appraisal successfully shields against third party reliance and lawsuit for negligent appraisal.