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Property valuation becomes important in court whenever a property’s market worth becomes a matter of legal dispute, such as in the event that you are subject to a compulsory acquisition of land by the NSW Government . When it comes to property valuation, you can trust the IPV team.
Recently announced new infrastructure projects have prompted The New South Wales Government to seek more than 400 compulsory acquisitions of land across Sydney. Under the compulsory acquisition process, different types of compensation are offered to homeowners that may include the market value of their property, removal costs, stamp duty on new properties purchased, legal and valuation costs. The initial offer may be below market values.
More information about NSW Government compulsory acquisitions.
Read the related blog article: NSW Government Wants My House! What Are My Options?
In addition to assessing a property’s worth, valuers involved in property litigation must have a thorough knowledge of the court system and relevant legislation. IPV is a trusted name in the courts and tribunals of Sydney and NSW. Our team are recognised as valuation experts, and are regularly called upon to help with property settlement and other matters.
IPV has provided property valuations and expert witnesses for:
It’s important that property valuation reports prepared for the courts be detailed, accurate, and trustworthy. The team at IPV is highly experienced and qualified, and maintains a thorough in-house database of property transactions. IPV can provide you with valuation reports you can trust in court.
Legal issues involving property can range from property settlement to family law to compulsory acquisition of land by the NSW Government. The complexity of these issues means a simple valuation report is often not enough and expert witnesses in court are required.
IPV can provide valuers with thorough knowledge of the property market, legislation, and the courts. This makes us ideal for expert witness valuation testimony in property litigation cases. Our team has experience and knowledge of the processes for property mediation, court cases at all levels, and commercial and administrative tribunals.
Our Promise to You
When you choose IPV to help with your property litigation case you are choosing honesty, objectivity, and expertise. We promise:
If you’re involved in property litigation in Sydney or NSW, our team can provide expert witness valuations and detailed reports for the court. Call our property litigation specialists on 02 8076 0316 or enquire online now.