![]() Splitting up marital assets?We understand that divorce is never easy. There are countless choices that have to be settled, including the fate of the house. There are generally two alternatives when discussing the house - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the residence.When the purpose of an appraisal is a couple splitting up, it requires a well-established, authoritative report that can be supported in court. When you order an appraisal from Utah South Appraisal, you are assured the best in service with professional courtesy and top notch analysis. We also know how to handle the prickly needs of a divorce situation.
Attorneys in Utah as well as accountants depend on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise dealing with all the parties involved and we understand their needs and are accustomed to dealing with all parties involved. We create appraisal documents for courts or various agencies that meet or exceed their requirements. As a lawyer representing a client in a divorce, your case's research often needs an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you ordered the appraisal. We are familiar with the techniques and what it entails to develop a retroactive appraisal with an effective date and Fair Market Value opinion matching the date of divorce. For each divorce appraisal we are hired to do we understand that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, resulting in the utmost discretion. |