There are a number of situations in which the value of a vehicle may be disputed. When this happens, it’s important to hire a professional appraiser who can provide testimony and documentation that can help settle the matter. How could support from one of the local expert witness services Baton Rouge LA make a difference? Here are four common scenarios in which this type of help will prove invaluable.
Negotiating Divorce Settlements
Whether the divorce is amicable or there’s a lot of heat involved, dividing the marital assets is part of the process. When there’s an issue about what to do with any vehicles owned by the couple, having them appraised is a smart move.
This can help in more than one way. If the plan is to sell all the assets and divide the proceeds, then accurate information from an expert will help set the sale prices for those vehicles. When the idea is to ensure that each party receives a fair share of the assets, the estimates set by an appraiser will make it easier to decide which party receives what vehicle.
Managing Disputes After Accidents
There can be serious issues when it comes to dealing with the aftermath of an auto accident. This is especially true if the responsible party would like to downplay the value of the other party’s vehicle. In order to negotiate a reasonable settlement, it makes sense to involve an appraiser.
With the help of a professional, it’s possible to arrive at an estimate that’s unbiased. The result is that the two parties can use that figure as the foundation for further negotiations and hopefully come to some sort of understanding.
Settling Estate Disputes
Being the executor of a last will and testament is not easy. There are decisions to be made, especially when it comes to deciding how much to sell the designated assets for in the current market. The situation becomes more problematic when one of the heirs claims that the executor sold an asset like a vehicle for much less than it was worth.
In this type of situation, an appraiser with one of the local expert witness services Baton Rouge LA can provide testimony about the appraisal used to set the asking price. In many situations, what the appraiser has to say will be all it takes to resolve the dispute and allow the executor to continue carrying out the wishes of the deceased.
Presenting Evidence in Lemon Law Cases
Lemon law cases involve claims that a vehicle was sold without providing full disclosure about the condition of the car or truck. In this scenario, an appraiser may be called in to assess the condition of the vehicle and determine if the problems with the car were likely to be known by the seller.
If they were obvious enough and documented in one or more resources, this could provide the buyer with grounds for receiving a full or partial refund, In the event that the issues identified as the grounds for the suit are deemed to be less than obvious and there are no records indicating the issue existed prior to the purchase, the matter may be settled in favor of the seller.
There are other scenarios in which an appraisal by a professional can help resolve an issue. Talk with an appraiser and find out what they can offer in the way of expert witness support with a situation you’re facing. Their help may be all you need to bring the matter to a close.
