Eagle Appraisal is licensed to provide expert witness testimony in the state of Nevada in determining or disputing opinion of value. We can provide historical or forensic appraisals requiring a retrospective effective date which qualified appraisals needed to present in a court hearing or deposition.
Fees and Retainer:
A retainer in the amount of $ 1,000 will be for the initial development of the appraiser’s Opinion of Market Value for the property and designation as an expert witness to the Nevada District Court.
Each additional report with separate effective dates or different subject addresses will be billed at $500-1,500 depending on assignment and scope of work.
Transportation, stand-by time, and testimony at deposition or trial will be billed $225 per hour. There is a half-day (4-hour) minimum for depositions and for court time, to
be paid in advance of any deposition or court appearance.
Any additional, inspections, consultations, analysis, research, preparation for testimony, or additional reports necessary to satisfy client needs in addition to the reports described in the initial engagement letter will be negotiated at that time.
The appraisals will be developed and the report will be prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP) and any specific Supplemental Laws and Regulations pertaining to this assignment as of the effective date of the appraisals. The appraiser may have the inability to physically measure and inspect the subject property so that there may be extraordinary assumptions. Assumptions based on facts, which if found to be false as of the effective date, could alter the appraiser’s analysis, opinions, and/or conclusions. We will develop the appraisal and report to you using the “Summary Appraisal Report” format. This is defined in USPAP Standards Rule 2-2.