Combating Expert Appraiser Bias
Author: Hugh J. Totten.
Source: Volume 22, Number 03, January/February 2009 , pp.41-57(17)
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Abstract:
Once again appraisers have been enablers in a financial crisis and this should cause investors and regulators to worry about their upcoming role in implementing mark-to-market rules. Missing explanations, missing steps in the equation, new theories, theories never before published, and theories that lack scientific rigor are causing courts to reject appraisal testimony and reports.Keywords: Property appraisal; Appraiser bias; Daubert v Merrell, Dow;
Affiliations:
1: The Valorem Law Group, LLC.