Forensic Appraisal

‘An appraisal review is an appraisal of an appraisal.’

Forensic Appraisal Experts test the credibility of an appraisal and the appraiser. Forensic Appraisals require highly-trained—highly-skilled—highly-credentialed discipline-specific and multidisciplinary review appraisers with decades of experience that are specifically trained and accredited in providing Forensic Appraisals and in developing and reporting differing opinions-of-value, rebuttal appraisals, and providing appraisal expert witness testimony.

EDS pioneered the appraisal review profession—the basis for Forensic Appraisals and Expert Witness Testimony—and directed the development, writing, and implementation of the appraisal review Principals of Valuation and best practices that are taught to and in use today by professional valuers, legal experts, and government agencies throughout-the-world. We hold the only Royal Institution of Chartered Surveyors (RICS) Appraisal Expert Witness Accreditation Service (EWAS) and Appraisal Dispute Resolution Service (DRS) Certifications in the United States and all of the Americas—one of only a handful of such Appraisal Expert Witness and Appraisal Dispute Resolution Certifications in the world.

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EDS holds the only RICS Expert Witness Accreditation Service and Valuation Dispute Resolution Service Certifications
in the United States and all of the Americas—one of only a handful of such Certifications in the world.

An Elite-Rated member of the peer-voted Super Appraisers® Global Network of internationally-recognized appraisal luminaries.

Prevailing in billions-of-dollars at issue in some of the world’s most important—high-profile—and valuable valuation-related cases.

EDS pioneered the appraisal review profession—the basis for Forensic Appraisals—and directed the development, writing, and implementation of the review appraisal Principals of Valuation and best practices that are taught to and in use today by professional valuers, legal experts, and government agencies throughout the world. Our Forensic Appraisal services have allowed our clients’ to prevail in billions-of-dollars at issue, and our work has been cited by U.S. regulators as “The measure by which all review appraisals should be judged.”

Our discipline-specific and multidisciplinary Forensic Appraisers are internationally accredited ASA/MAI/RICS appraisal instructors and well-published luminaries in the global valuation community. They include Uniform Standards of Professional Appraisal Practice (USPAP) and International Valuation Standards (IVS) and RICS ‘Red Book’ instructors, Value Adjustment Board (VAB) Magistrates, and former state and federal appraisal regulatory compliance officers.

We provide Forensic Appraisals in all disciplines of appraisal and asset classes, tangible and intangible, i.e., Real Property, Business Valuation, Intellectual Property, Personal Property, and Machinery and Technical Services to clients throughout the world. EDS specializes in providing appraisal expert witness testimony and litigation support services to attorneys and law firms and, in providing appraisal-related Alternative Dispute Resolution (ADR) services as Arbitrator, Mediator, Umpire, and Referee.

Our Forensic Appraisals analyze, evaluate and report matters pertinent to the subject appraisal’s: (1) Completeness of the material under review, (2) Adequacy and relevance of the data, including the propriety of adjustments (if any) to the data, (3) Appropriateness of the appraisal methods and techniques used, (4) Whether the analyses, opinions, and conclusions are appropriate and reasonable, i.e., credible, (5) conformity with applicable appraisal development and reporting standards required of the Uniform Standards of Professional Appraisal Practice (USPAP) / International Valuations Standards (IVS) / RICS Red Book, and Basel Accords, (6) the professional qualifications and licensing requirements of the reporting appraiser(s), (7) compliance with applicable state and federal-U.S. Regulatory 75 FR 77450 Interagency Appraisal and Evaluation Guidelines, (8) compliance with any and all other applicable standards, guidelines, rules, and regulations that apply as of the Effective Date of the subject appraisal under review.

EDS Forensic Appraisals are independent and objective and render credible findings that will withstand challenges and scrutiny from peer reviews, regulatory, judicial, and taxing authorities.

The Intended Use and Scope-of-Work of the Forensic Appraisal determine the level of complexity and the cost of the report.

REAL PROPERTY (HIGH-VALUE RESIDENTIAL / COMMERCIAL) / INDUSTRIAL:
Real property is defined as all the interests, benefits, rights, and encumbrances inherent in the ownership of the physical real estate. There are several specialties in real property: urban, residential, rural, timber, and ad valorem (property tax). Real property Forensic Appraisals include services for use in real estate acquisition and disposition, lending, insurance, estate taxes, property taxes, and eminent domain (condemnation), conservation easements, and leasehold interests.

BUSINESS VALUATION / ESOP’ / ENTERPRISE VALUE / BUSINESS INTERRUPTION / ECONOMIC DAMAGES / APPRAISAL-RIGHTS (ARBITRAGE) / ASSET-BACKED SECURITIES:
EDS’ internationally accredited ASA/RICS Business Valuation experts provide Forensic Appraisals of the value of businesses, business ownership interests, ESOP’s, and securities for businesses of all sizes. We also review the value of specific intangible business assets such as patents, trademarks, employment agreements, copyrights, and goodwill.

INTELLECTUAL PROPERTY:
Intellectual property is any product of the human intellect that the law protects from unauthorized use by others. Intellectual property is traditionally comprised of four categories: patents, copyrights, trademarks, and trade secrets.

MACHINERY AND EQUIPMENT AND TECHNICAL SERVICES:
EDS’ internationally accredited Machinery and Technical Services experts perform Forensic Appraisals of market or liquidation value appraisals for various purposes such as sale, acquisition, ad valorem tax, eminent domain, conservation easement, collateralization, and insurance or residual forecasting.

PERSONAL PROPERTY:
EDS’ internationally accredited Personal Property experts provide Forensic Appraisals of tangible, movable property that is utilitarian, collectible, decorative, or a combination of the three for specific purposes such as insurance, estate tax, damage claims, donation, sale, dissolution of marriage, and equitable distribution.

MULTIDISCIPLINARY FORENSIC APPRAISALS:
A comprehensive Forensic Appraisal of an appraisal involving two or more components of Real Property, Business Valuation, Intellectual Property, Machinery and Equipment and Technical Services, and Personal Property.