Brisbane House Valuation for Separation
Seeking a house valuation for separation can be a sensitive subject to speak about, however it is important to know which conversations to have and what tools are available to you to enable a quick and conflict-free resolution.
One of these tools is a certified valuation of your property by a registered valuer. Property is usually a person’s biggest asset and it’s important to know the facts so you can work towards reducing stress and cost during the separation process. Hiring our local valuers to assist with your house valuation for separation Brisbane will save you time, money and stress.
The benefits of a sworn valuation are highlighted in the fact that they:
- Provide an unbiased, neutral reporting on value
- Diminish subjectivity found in an appraisal by a real estate agent
- Is a legal document – you can rely on it to make sound financial decisions
- In certain formats, such as the Family Law report, it is admissible in court
Brisbane House Valuation for Separation
There are two types of reports that will be applicable depending on which stage of separation you are at:
- Mediation or Short Form Report – The Mediation report is around 13-15 pages and produces the same value and uses the same methodology as the Family Law report, however cannot be used in court. It is for settlement prior to going to court.
- Family Law or Long Form Report – the Family Law report is an extended version of the short form report with all of the statutory statements that the courts require including a family law property valuation. It is 25+ pages and is the only type of report the courts will accept.
It is important to note that both reports are considered current market value for 90 days so be sure to seek legal advice to confirm which report you require to ensure you are not paying twice for a valuation. As well as this, it is important to instruct a local valuer with extensive experience in your area to ensure the report is accurate and will therefore not cause any more conflict.
At Vals QLD, all our valuers are Certified Practising Valuers (CPVs) accredited by the Australian Property Institute (API) and registered with the Royal Institution of Chartered Surveyors (RICS), with many also holding AVI qualifications. With a minimum of 15 years of experience, our team is widely recognized as leading experts in separation and Family Law valuations, ensuring that every report is accurate, impartial, and fully compliant with the highest industry standards.
To receive a free tailored quote, please call our office today on (07) 3123 7147 and our friendly staff will be happy to assist you with any questions you may have. Alternatively, please fill in your details in our Online Enquiry Form and we will revert back as soon as possible.