Litigation Property Valuations
Sovereign Valuations is experienced in undertaking property valuations for litigation purposes, being regularly engaged to provide expert evidence to courts for an array of commercial litigation matters. Valuation reports have been completed for most courts and tribunals including the Federal Circuit and Family Court of Australia, County Court and the Supreme Court.
We are cognisant of the high stakes involved in commercial litigation and are aware that an expert evidence property valuation is often the basis of a settlement figure. We do not take our role lightly, with all litigation valuation reports going through the rigour of forensic data analysis and thorough, detailed reporting, reducing the risk of ongoing disputes and associated legal costs. As part of our engagement, our experts are available for conferences, mediation and court attendance, being familiar with the court hearing process.
Property valuations provided for court are conducted in accordance with the Expert Witness Code of Conduct, noting that the Valuer’s duty is to provide independent expert evidence to the court and not to act as an advocate to either party. We take pride in upholding the professional standards and codes of ethics established by the Australian Property Institute (API) and the Royal Institute of Chartered Surveyors (RICS).