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NEXA’s Grella sues Kortas over “secret, unauthorized” aircraft-related purchases

Housing Wire

However, during the company’s valuation process, when financial professionals reviewed its books, discoveries of aviation purchases led him to confront Kortas, resulting in his termination as president of NEXA, Grella added. As a result, Grella started conversations related to a buyout in November, he told HousingWire.

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Appraisers Are Sitting Ducks to Random Legislation

Appraiserblogs

Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. Bill A5185 and AMC Bill A5146 introduced to the state legislature in New Jersey show just how much state legislators don’t understand the appraisal profession. From Bill A5185: 2. 45:14F-1 et seq.)

Appraisal 114
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

In high-stakes eminent domain cases, where valuation opinions diverge to a significant degree, an appraiser must be prepared to zealously defend the opinion being given under what can sometimes be grueling cross-examination by the other side’s lawyer.

Appraisal 309
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Incorporation by Reference: Update from Mr. Bagott

Valuation Nation

While not specific to the valuation profession it is yet another instance of the public sector grabbing private documents and placing them into regulations and codes. AGENCY’S TEXAS TWO-STEP PUSHES FOUNDATION CHIEF’S ‘BIFURCATED’ 2017 PAY TO BACK BURNER. The press release form Mr. Bagott starts below: Jeremy Bagott, MAI, AI-GRS.

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Clarification on TAF President Compensation

Valuation Nation

I knew that it was not only possible but very likely that someone (maybe even a few people) would have a serious issue with my posting the Appraisal Foundation (TAF) tax paperwork showing their president’s salary, David Bunton, from 2017. For Mr. Bunton, that occurred in 2017. I mean no ill intent to Mr. Bunton whatsoever.

Legal 52
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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

How the 2017 Tax Cuts and Jobs Act Affects You and Your Commercial Real Estate. Franklin County, which includes Columbus, underwent the property reassessment process in 2017. As noted within the beginner tips above, the valuation of a property is a fundamental step in commercial real estate investment. in decades.

Investing 138
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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. And appraisal waivers would be informed, not blind. Delegating onsite data collection.

Appraisal 370