Bradford B. Kuhn | Nossaman A recent article from Border Report, “Tijuana residents holding out for more money, slowing construction of border crossing,” caught my attention. Not only because we’re advising on the border crossing project on the U.S. side, but also because it raises an interesting valuation issue. According to the article, property owners in… Continue reading How To Account For Increases Or Decreases In Property Value Due To The Proposed Project
Tag: Valuation
Property Valuations In Uncertain Times
Adam Levine | Ostrow Reisin Berk & Abrams Valuation plays a critical role in real estate, from appraisals for residential mortgages to the sales of commercial real estate. But the COVID-19 crisis and resulting economic uncertainty pose some challenges for valuation experts across the country. Limited physical access Site visits have long been an integral… Continue reading Property Valuations In Uncertain Times
Determining Depreciation: The Definition of Actual Cash Value Varies Widely Between States
Chip Merlin | Property Insurance Coverage Law Blog | November 22, 2016 In yesterday’s post, Determining Depreciation–Are Policyholders Getting Ripped Off, I promised to discuss issues of actual cash value and depreciation. The article I am critiquing giving rise to this discussion cited California law regarding actual cash value and then made this statement: In… Continue reading Determining Depreciation: The Definition of Actual Cash Value Varies Widely Between States