Independent Appraiser
/ɪnˈdɪpəndənt əˈpreɪzər/
Definitions
- (n.) A neutral expert appointed to assess the value of property or assets impartially in legal and financial contexts.
The court appointed an independent appraiser to evaluate the estate's assets.
- (n.) A professional who evaluates claims or damages without bias, often used in insurance and dispute resolution.
An independent appraiser determined the fair market value for the insurance claim.
Forms
- independent appraiser
- independent appraisers
Related terms
See also
Commentary
The term emphasizes impartiality and neutrality, critical for credibility in legal disputes; retaining independence from interested parties is a key drafting and procedural consideration.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.