Property Valuation for Family Law Court
The importance of a property valuation seemingly multiplies whenever the Courts are involved. After all, if the situation involves any sort of mediation or litigation, it is sure to be a serious matter.
It may not always be a property dispute, it could be a settlement for divorce or perhaps a transfer, buy-out or compensation case. No matter your situation, you will be needing the services of a reputable and experienced property valuer.
Property Valuations for Litigation
Litigation may take place on a number of stages including family law court. When you are ordering a family law valuation, there are a few things you need to ensure so that your valuation report is seen as valid for court. All family law property valuations should:
- Be produced by a reputable independent valuer
- Be an impartial and transparent report based on objective data
- Comply with relevant industry standards
- Appear in the correct format for court
- Be made using appropriate valuation methods
- Be completed in a timely manner to avoid any unnecessary delays
The best way to ensure that all of these conditions can be met is by engaging with an experienced professional that is also a Certified Practising Valuer. Also known as a CPV, this a valuer that has met the requirements of the API and upholds the highest standards of ethics.
Property Valuations for Mediation
A valuation can aid with resolving a property dispute and can be made in preparation for mediation. This is likely the avenue a divorce or separation may follow though this is also a common procedure with many types of settlements.
When it comes to a house valuation for property settlement, then the report would likely be made for mediation. This is known as a short-form report, which is a slightly more condensed document than one made for litigation or court purposes.
A property valuation for divorce settlement is not always needed but it is highly recommended. Valuation reports are vital when one party wishes to retain ownership of the property after a divorce or separation. It objectively presents the fair market value and all the contributing factors to this value.
How Melbourne Property Valuers Metro can help
There is an extensive range of property valuation services that can be used to assist with
- Family law court cases
- Litigation
- Mediation
- Separation or divorce
- And more.
These services include conducting well-researched valuations, serving as an expert witness and reviewing valuation reports for legal proceedings.
We are independent so our valuations are always unbiased and uninfluenced by any outside party. Information is kept confidential. There are strict policies to ensure your valuation report is delivered to no one else but the instructing party.
Time is of the essence with all legal matters, call Melbourne Property Valuers Metro today to get started. You can reach us on (03) 9021 2007 or you can fill in our contact form below.