An appraisal is an unbiased, professional estimate of the value of a property. When two or more parties dispute the market value of a piece of real estate it may go into litigation. Both parties will produce an appraisal report that meets the appraisal requirements outlined by the Appraisal Institute of Canada. Each appraiser may face cross examination by the opposing party and held to an extremely high standard in terms of their knowledge and expertise of the property in question. Adlaw Appraisals has experience in providing expert testimony and can assist your clients when it comes litigation involving real estate assets. A litigation appraisal is much more complex than an appraisal for mortgage financing purposes and the fees are roughly double.