Real estate counseling in litigation - Eminent domain

The increasing complexities of both law and real estate, including its valuation, have created a growing need for real estate counselors in the litigation arena and particularly in eminent domain or condemnation. Historically, in eminent domain the legal system has relied upon the appraiser as the p...

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Bibliographic Details
Published in:Real estate issues 1993-10, Vol.18 (2), p.44
Main Authors: Ferber, Paul R, Shepard, Richard C
Format: Article
Language:English
Subjects:
Counseling
Eminent domain
Expert witness testimony
Litigation
Real estate
State court decisions
Online Access:Get full text
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Summary:The increasing complexities of both law and real estate, including its valuation, have created a growing need for real estate counselors in the litigation arena and particularly in eminent domain or condemnation. Historically, in eminent domain the legal system has relied upon the appraiser as the primary expert testifying to value or changes in value. The real estate counselor has surfaced with an enlightened and encompassing approach to current real estate complexities. The real estate counselor can focus not only on an experienced and relevant approach to highest and best use, but also on the many other factors affecting value. The advantages to an attorney choosing to use a Counselor of Real Estate (CRE) are listed and the process presented to the CRE when acting as an expert witness is examined in detail.
ISSN:0146-0595