Appraisal Witness: Qualified Expert

Appraisal Witness: Qualified Expert

Machinery and Equipment Appraisals

Machinery and equipment appraisals for most business purposes require an accredited appraiser who will supply a certified appraisal and who is 2012-2013 USPAP compliant. Durkin Valuation Associates combine 70 years of experience appraising worldwide.

You will need a “certified equipment and machinery appraisal report” if you are going to use the appraisal for a loan, IRS, partnership or for any of the following uses that COULD end up in litigation. In addition to having a certified appraisal, you will need an appraisal that is understandable, substantiated, irrefutable and an expert appraisal witness that is willing to testify should the appraisal use end up in litigation.

  • Buy/Sell Agreements, Insurable Value, Financing
  • Tax Purposes, Cost Segregation, Gift Planning
  • Retirement Planning, Mergers and Acquisitions, Divorce Settlements
  • Estate Settlements, SBA Loans, Trust Agreements
  • Partnerships, 1031 Exchanges, Litigation Support
  • Sarbanes-Oxley, FASB 141/142, GASB 34
  • Business Valuations, C Corp to S Corp, Dissolution
  • ESOPs, Estate Planning, Litigation, Liquidations

There is only one exception that does NOT need a  certified equipment and machinery appraisal report. If you are in need of an appraisal for your own knowledge and NOT another living sole will see or depend on the appraisal for any reason, then you can rely on an instant online appraisal, a CPA’s estimate or an equipment dealers appraisal, or any unaccredited source that you choose. All other appraisals need to be certified by an accredited appraiser and 2009-2011 USPAP compliant!

The new USPAP Standards and Rules set out that ONLY an accredited USPAP compliant appraiser can issue a certified appraisal. All other appraisals, if brought to court, can be deemed illegal appraisals subject to fines in excess of $5000 PLUS additional fines comprised of a percentage of the over or under valued appraisal!

Your machinery and equipment will be appraised and accurately valued at its present location by a Durkin Valuation Associate. Each Senior Professional Appraiser has the expertise, accreditation and knowledge to perform your valuation in a reasonable time frame.

All appraisal values can be substantiated. The certified report is written to disclose; the approaches to value used to appraise the machinery and equipment, comparables, market conditions and photographs fulfill the requirements of USPAP.

After some new client discussions we discover the true need of the client is a business valuation that includes machinery and equipment appraisals. Durkin Valuation Associates are experienced and available for business valuations as well as all types of appraisals.

Call Durkin Valuation Associates: phone (617) 720-0332 to discuss your appraisal needs 0r Contact us by email:

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