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Disinterested appraiser has arbitral immunity; expert appraiser has no immunity.

Publication: Appraisal Journal
Publication Date: 22-MAR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Disinterested appraiser has arbitral immunity; expert appraiser has no immunity.(Recent Court Decisions)

Article Excerpt
The California Court of Appeal ruled that a disinterested appraiser has immunity for his role in an appraisal conducted pursuant to law but that an appraiser hired as an expert has no immunity for his actions in the same proceeding.

Winston and Elaine Lambert owned a home in Los Altos Hills that was destroyed by fire in 1995. The residence was covered by a Fire Insurance Exchange (FIE) policy providing guaranteed replacement-cost coverage, which included the full cost of replacing the home in conformity with all applicable laws...

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