Improper Real Estate Appraisal

Professional Malpractice Attorneys in Missouri and Illinois

If you are involved in a legal matter where the accurate appraisal of real estate or personal property could have a large impact on the outcome, it is important to know that your lawyer has arranged for and acquired an accurate appraisal of your property. The improper appraisal of real estate or personal property such as art, antiques, oil and mineral leases and closely held family businesses or the failure to have it appraised, either because of negligence or appraisal fraud, may qualify as legal malpractice and attorneys who do not meet a standard of care may be liable for damages caused by malpractice.

At the Belleville, Illinois, law office of Ripplinger & Zimmer, L.L.C., our lawyers pursue cases of appraisal fraud and legal malpractice in order to provide acceptable remedies for our clients. For more than 30 years, we have represented clients in cases of legal malpractice and have built a track record for effective service and dedicated representation. We will work hard to demonstrate that your lawyer's actions caused you financial loss.

If you believe that your lawyer has committed appraisal fraud or improperly appraised real estate in your legal case, contact us at Ripplinger & Zimmer, L.L.C., to learn more.

Failure to Properly Evaluate Real Estate, Businesses and Personal Property

There are many instances where a lawyer must arrange for the appraisal of real estate, either commercial or residential, oil and mineral leases, art, antiques, closely held or family businesses and other personal property, including:

  • Divorce cases where homes, businesses and other property needs to be appropriately divided in settlement agreements
  • Purchases and sales of residential real estate
  • Business sales and real estate transactions
  • Professional practice appraisals
  • Pre-nuptial or Ante-Nuptial agreements prior or subsequent to marriage
  • Entering into or exiting partnerships or purchasing or selling stock in a closely held corporation

An attorney needs to know what he or she is doing in order to know when to order a proper appraisal in these situations. When best practices are not followed, property may be under appraised or over appraised, which can cost you a significant amount of money. Other times, property is not appraised properly because of fraud on behalf of lawyers or those who the lawyers have hired for the appraisal.

Take Action in Cases of Legal Malpractice

Nobody wants to take his or her attorney to court, but in a case of legal malpractice, it may be the best way to recover money lost as the result of negligence or misconduct. Learn more about legal malpractice and let our firm assess your situation to determine if malpractice has occurred. Contact Ripplinger & Zimmer, L.L.C., to schedule a free initial consultation by calling 618-234-2440.