News & Analysis as of

Appraisal

Farrell Fritz, P.C.

IRS Releases 2026 “Dirty Dozen” List of Tax Scams

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Last week, the Internal Revenue Service (“IRS”) announced its annual Dirty Dozen list of tax scams. The Dirty Dozen lists twelve of the most prevalent scams that, in the IRS’s estimation, represent the most significant...more

Zelle  LLP

Understanding the Scope of the Appraisal Process: When Appraisers Can - and Cannot - make Causation Determinations in Texas

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In a decision that further defines the power of an appraiser, a Texas federal court analyzed the enforceability of an appraisal award where appraisers specifically determined that damage was caused by wind and hail in...more

Offit Kurman

2025 Fair Housing Trends Report: What We’re Seeing and Why It Matters

Offit Kurman on

The National Fair Housing Alliance (NFHA) is the nation’s largest nonprofit fair housing organization, leading investigations, enforcement, advocacy, and research to advance equal housing opportunity....more

Schwabe, Williamson & Wyatt PC

New Washington Appraisal Law: How RCW 61.40.010 May Impact Off-market Deals

As of January 1, 2026, a significant change to Washington real estate law has taken effect that may directly impact how buyers approach off-market acquisitions—specifically, RCW 61.40.010 creates a new “appraisal...more

Zelle  LLP

Mandamus to Enforce Insurer’s Election of Liability

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Recently, a Texas appellate court conditionally granted an insurer’s writ of mandamus, finding that the trial court abused its discretion by striking the insurer’s plea in intervention and denying the independent adjusting...more

Lasher

How to Navigate Decisions About the Family Home During Divorce

Lasher on

For many families, their home is their most valuable asset, both financially and emotionally. For families navigating a divorce, determining the future of the family home requires a careful assessment of the financial,...more

Zelle  LLP

A Permissive Appraisal Provision Does Not Constitute a Condition Precedent

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The U.S. District Court for the Northern District of Texas, Fort Worth Division, recently granted an insurer’s motion for summary judgment, rejecting the insured’s argument that the contractual limitations period (2 years + 1...more

Zelle  LLP

Appraisal Doesn’t Toll the Clock: Texas Court Upholds Suit Limitation Clause Despite Post-Denial Appraisal Demand

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In Texas, once a claim denial has been issued, the clock starts ticking for an insured to file a lawsuit. In Texas, the default statute of limitations for breach of contract claims is four years. ...more

Zelle  LLP

One Dip and Done: Summary Judgment as a Shield Against Costly Double Dipping Claims

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In Frederich v. Trisura Specialty Ins. Co., the 5th Circuit affirmed the granting of Trisura’s Motion for Summary Judgment. That judgement was based on the insurer’s payment of an appraisal award plus interest....more

Stark & Stark

Distributions of a Decedent’s Personal Property and Disputes Concerning Same

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When a loved one or friend passes away, they often leave a large amount of personal property to be distributed. This article addresses the distribution of a decedent’s personal property and disputes concerning its...more

Cornerstone Research

Determining “Fair Value” in Cayman Islands Appraisal Cases - Evolution of Valuation Approaches

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In recent years, the Grand Court of the Cayman Islands (the “Grand Court”) has heard a number of “appraisal cases”—cases in which shareholders who dissent against a proposed merger or acquisition petition the Grand Court for...more

Zelle  LLP

Texas Appellate Court Granted Mandamus and Allowed Insurer to Intervene in Case Brought Against Adjusting Company and Individual...

Zelle LLP on

Plaintiffs attorneys have been doing their darnedest to avoid litigating in federal court. That’s because federal court judges are more likely to consider dispositive motions and are stricter in enforcing deadlines and...more

Ballard Spahr LLP

Federal judge dismisses high-profile case involving allegations of racial discrimination in appraisals

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A federal judge has dismissed a high-profile case involving allegations that a home appraiser was racially biased in his appraisal. ...more

Zelle  LLP

When Failure To Satisfy Insured Duty Is Fatal To Texas Claims

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Virtually every insurance policy contains specific duties required of an insured in the event of loss. Typically, an insured's duties, which may be modified by endorsement, include claim reporting or claim notice...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – July 2025 # 4

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Orrick, Herrington & Sutcliffe LLP

HUD, OMB update appraisal policies and disband task force

On July 10, HUD and the OMB announced two changes regarding federal housing policies: first, they terminated several FHA mortgagee letters regarding appraisals; and they disbanded the Property Appraisal and Valuation Equity...more

Troutman Pepper Locke

HUD and OMB Effectively Disband the PAVE Task Force

Troutman Pepper Locke on

On July 10, the U.S. Department of Housing and Urban Development (HUD) and the Office of Management and Budget (OMB) jointly announced the effective disbandment of the interagency Property Appraisal and Valuation Equity...more

Ballard Spahr LLP

HUD Rescinds Various FHA Mortgage Loan Requirements

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Recently the U.S. Department of Housing and Urban Development (HUD) rescinded various FHA mortgage loan requirements in a series of five Mortgagee Letters....more

J.S. Held

“Unlocking Liquidity Through Fine Art Appraisal and Lending”

J.S. Held on

It is widely understood that fine art collectors frequently identify investment as a primary motivation for acquiring fine art. Considering the fluctuating financial markets and prevailing global uncertainties, many fine art...more

Orrick, Herrington & Sutcliffe LLP

Montana revises its appraiser licensing regulations

On May 13, the governor of Montana signed into law HB 872 to amend the state’s regulations concerning appraiser licensing. The act clarifies that licensed or certified real estate appraisers can offer evaluations to financial...more

Lowenstein Sandler LLP

Going Once, Going Twice…(but who’s it going to? And what’s it worth?)

Lowenstein Sandler LLP on

Host Warren K. Racusin, Chair of Lowenstein's Trusts & Estates practice, invites Meghan M. Federman and Joanne Mournet, President at DOYLE Auctioneers & Appraisers, to cover how estate planning for art and valuables differs...more

Farrell Fritz, P.C.

A Priceless Mistake: How Faulty Appraisals Can Undermine Charitable Tax Deductions

Farrell Fritz, P.C. on

A recent US Tax Court case (WT Art P’ship LP v. Commissioner, T.C. Memo. 2025-30) illustrates how failing to comply with the technical requirements for substantiating the value of charitable contributions can jeopardize a...more

J.S. Held

The Essential Role of Qualified Personal Property Appraisers in Estate and Donation Valuations

J.S. Held on

When purchasing an expensive engagement ring, one would not seek the expertise of a real estate agent. Similarly, when an estate requires an appraisal, it is crucial to engage the appropriate expert for high value personal...more

Zelle  LLP

Itemized Appraisal Ordered Over Delay and Coverage Dispute Objections: A Shift in the Appraisal Enforcement Paradigm?

Zelle LLP on

In a recent decision, Gray v. Philadelphia Contributionship, 748 F. Supp. 3d 367 (D. Md. 2024), U.S. District Judge James K. Bredar granted a policyholders’ motion to compel appraisal and stayed litigation in a diversity...more

Cozen O'Connor

Retroactivity, Appraisal, and Interpleader: Navigating Florida’s Bad Faith Reforms After Cindy Vo v. Scottsdale

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The 2023 amendments to Florida Statute § 624.155, enacted through HB 837, significantly reshaped the landscape of bad faith litigation in Florida. Among the most consequential changes were the additions of two key...more

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