REAL ESTATE WITNESS EXPERTISE REAL ESTATE EXPERT WITNESS REAL ESTATE AGENT LIABILITY EXPERTISE PROPERTY MALPRACTICE LITIGATION TESTIMONY ON REAL ESTATE APPRAISA VALUATION 2023
A real estate expert witness is defined by a person who holds an expertise in real estate (residential and commercial properties) and who contributes to the settlements of litigations and disputes between buyer and seller, a real estate agent, or between landlords and tenants, brokers or investors.
A real estate expert witness elaborates a testimony on real estate appraisal and valuation, check cases of real estate malpractice including conflicts with leases and rent bringing clarity in contract issues in the context of confusing terms and conditions and investigating situation by surveying the property and checking over contractual agreements.
A real estate litigation witness expertise may depend on the quality of the selected expert witness as the skills and knowledge are provided from either an attorney or a real estate broker, because both are qualified to testify and are qualified to elaborate a due diligence about real estate transactions; additionally given that real estate has several fields a plaintiff should retain an expert who has expertise in that particular area of real estate.
A real estate agent witness expert evaluates the role of a property agent on any damage caused given that real estate agents owe contractual and fiduciary duties in a property transaction and in case they breach their duties through negligence or malpractice, they are liable for financial losses.