Category: Articles, Appraisals / Valuations, Business & Commerce, Real Estate, Resources for Attorneys Every Attorney Should Know About Appraisal Report Critique TASA ID: 450 The theory and practice of Appraisal Review (critique) differs among practitioners. One reason is that the appraisal profession is diverse. It includes valuation of businesses, real estate, antiques, fine art, jewelry, coins, stamps, wine, trademarks, copyrights, and machinery. Read more
Category: Articles, Appraisals / Valuations, Architecture, Business & Commerce, Intellectual Property, Real Estate, Resources for Attorneys, Resources for Experts Analyzing Architectural Designs for Copyright Disputes TASA ID: 10524 IntroductionThere’s nothing simple about architectural copyright litigation. Activity generated from The Architectural Works Copyright Protection Act of 1990 continues to increase. The law continues to develop, but factual realities, though seemingly obvious, are often complex and difficult to compare What is an architectural work? It is a building design embodied in any tangible medium of expression, including a building itself, architectural plans, or drawings. Overall form is copyrightable. Exterior and interior spatial arrangements and elements of these arrangements are copyrightable. Individual standard features are not copyrightable. These presuppositions raise further questions. Read more
Category: Articles, Appraisals / Valuations, Business & Commerce, Real Estate, Resources for Attorneys, Resources for Experts Dissecting a Commercial Appraisal Report TASA ID: 1813 There are two styles of written appraisal reports: narrative and form (U.R.A.R.). This article only deals with narrative reports. While your focus is on proving that a bad appraisal caused or impacted a damages claim - and not on violations of The Uniform Standards of Professional Appraisal Practice (U.S.P.A.P.), due to a recent major change - you need a brief understanding of U.S.P.A.P. prior to January 1, 2016, where there were three types of written appraisal reports and now there are only two. Read more
Category: Appraisals / Valuations The Professional Art Appraisal: What Attorneys and Clients Should Expect TASA ID: 412 Attorneys often require experts to value fine arts in connection with litigation proceedings. Appraisers who are experienced in detailed record keeping and who employ ethical research procedures will meet an attorney's needs. Appraisal experts who can also defend their value estimates under cross- examination can be useful in deposition and at trial. Read more
Category: Appraisals / Valuations A Primer on Business Valuation TASA ID: 322 Even though some of the largest cases that attorneys handle involve valuing an entire business, very few attorneys can intelligently discuss business valuation. The subject is not a part of a typical law school curriculum. Consequently, many attorneys and others feel that appraising a business and appraising a piece of real estate (a process with which most people in the business world are familiar) are the same process. The truth is that there are a few very basic overlapping theories of value, but few similarities beyond that. Read more
