Bankruptcy Trustees

In a 2006 Alberta Queens Bench judgement [Pelkey (Bankrupts), 2006 ABQB 814], the Registrar in Bankruptcy stated that:

A trustee should not rely on the municipal fair market value assessment...it may be acceptable to have two or three real estate evaluations to establish a value or range of values.

A single appraisal report completed by an appraiser designated as a CRA or AACI would generally also be acceptable.

For over 30 years Soderquist Appraisals has been providing high quality real estate appraisal and related consulting services for a wide variety of needs:

To assist sellers and buyser with transaction negotiations and due diligence;
To assist executors with estate settlement and probate issues
To assist with trustees with property management and bankruptcy issues;
To assist with the calculation of capital gains tax, GST, property tax, and related issues;
To assist with the preparation of IFRS compliant financial reports, and related issues;
To assist with building insurance vocerage, and loss claims;
Mortgage and loan purposes;
Foreclosure, divorce and other types of litigation involving real estate;
Compensation for damages due to expropriation;
Historical valuations, "blueprint" appraisals, etc;
Market rent estimates for lease creation and renewal