Either side may have as many appraisals done as they wish. The concern is which appraisal will the court use in valuing the marital property. If there is an appraisal done by aggrement of both sides, then it is important that the court know that when making their decision. It is important that you serve discovery on the opposing side asking for copies of the appraisal as well as any written communication between the appraisor and their side. That information may be important in attacking their appraisal at trial. If there is a request for attorney fees made by the other side, then I would certainly ask the the cost of having the appraisal redone be removed from that request. Depending on the results of the various appraisals, it may be important to demonstrate to the court that they were just shopping for the highest number. On the other hand, if they have more than one appraisal showing a far different number from the one that you have, make sure you discuss with appraisor prior to trial so that they are prepared to testify as to the basis for their opinion.
Answered on Jul 13th, 2016 at 8:37 AM