Articles

TASA ID: 4642

Most legal cases I am involved with fall into two general categories. The first involves the fairly straightforward appraisal report for divorce cases wherein an aircraft needs to be appraised as part of the settlement or the appraisal is needed for the attorney's client who is purchasing an aircraft and the market value is required for financing. The market value may also be needed as an integral part of the initial Purchase Agreement or in negotiating the price itself. While these appraisal situations are fairly routine projects for me, I am always surprised to hear the attorney hiring me state that I was the only one who physically examined the aircraft and its records when developing my opinion of value.