Berk & Moskowitz Launches New Blog
Berk & Moskowitz, PC has started its new blog, AppraiserNegligence.com, devoted to providing news, information and law regarding claims against appraisers.
Arizona's Anti-Deficiency Statute
On September 4, 2009, Governor Brewer repealed the changes to the anti-deficiency statute that were set to go into effect on September 30, 2009. Read more. . .
Way Cleared for Suit Against Appraiser in Appeal Argued by Berk & Moskowitz, P.C.
The Arizona Court of Appeals has ruled, for the first time in an Arizona published opinion, that an appraiser hired by a lender owes a duty to the buyer/borrower in that transaction. In its decision issued April 30, 2009, the Court focused on the reality that the buyer would likely never hire a separate appraiser. For that and several other reasons, the appraiser owes a legal duty of care to the buyer/borrower. Daphne Reaume of Berk & Moskowitz, P.C. argued the appeal for the buyer/borrower.
The case opens the door for buyers to sue appraisers even when the appraiser was hired by the lender. Click here to see the Court's decision.*
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* Note: Results in cases vary. Each case is different. Thus, the results in these matters do not indicate the likely result in any particular other matter. Various of the foregoing cases settled after the referenced decision.

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