Niemi LaPorte & Dowle AppraisalsNLD
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Consulting Services

Depreciation Reports / Reserve Fund Studies

Our Consulting Division provides Reserve Fund Studies (Depreciation Reports) completed to the standards of the Real Estate Institute of Canada and the Appraisal Institute of Canada.

If you require a Reserve Fund Study and would like additional information, please visit our Reserve Fund Advisors website.

For more information about Reserve Fund Studies, check the Reserve Fund Studies FAQ page

Contact us today to discuss a Reserve Fund Study for your Strata Corporation.

Assessment Appeals

Our team of residential and IC&I appraisers have extensive experience in the valuation of property for purposes of tax assessment appeal. Often a back‐dated or “retrospective” appraisal report is required for these purposes, therefore it is important to know that your appraiser is familiar with completing backdated reports. If you require a real estate appraisal for these purposes, feel free to contact our offices for a no obligation quote.

Expert Witness Testimony

The appraiser as an expert Witness ‐ BC Supreme Court Civil Rules

Real Estate Appraisers are often requested to provide an expert opinion as to the value of a property (an appraisal), for the purposes of litigation. Additionally, appraisers are often requested to complete an appraisal where the purpose is not explicitly described as being for litigation, but where litigation may result. Examples would be an appraisal completed for divorce proceedings, foreclosure or power of sale, or for civil forfeiture. Although appraiser’s reports are often entered into evidence for court, the appraiser is not necessarily called upon to provide expert witness testimony or to defend the report. However, it is prudent for the client ordering an appraisal to be sure the appraiser is aware of the duty of the expert witness and the court rules for report requirements, prior to engagement for an appraisal assignment.

The Supreme Court of British Columbia civil rules for expert witnesses has changed as of July 1, 2010, with Rule 11 coming into force. Three pertinent sections of Rule 11 pertain to the duty of the expert witness, the appointment of joint experts, and the requirements for expert reports.

In Summary, it is imperative that your appraiser be aware of the Expert Witness requirements under Supreme Court Rule 11, so they may adequately prepare their reports accordingly, and do not weaken the presentation of your case by having inadequate content for court purposes.