A uniform appraisal system has been developed by the Expert Appraisers Co. to ensure that appraisals are conducted uniformly
across and the US. Insurance companies, law firms, service Ontario, MTO, and owners of all type ofvehicles/motorcycle, and personel property
have increasingly sought assurances in recent years. Appraisal will prevent the client from missing any essential components. Vehicles/
Motorcycle and pessonal property valuations are challenging for insurers, law firms, service Ontario and MTO due to the lack of historical data
available to them. Owners of all type of vehicles/motorcycles and personal. property should be aware of the true value of their possessions.
Expert Appraisal Co.'s appraisal standards that meet a minimum standard will satisfy all interested parties in Canada and the US.
The auction results, current offerings, and established valuations should be considered during evaluations in addition to physical observations.
A vehicle/motorcycle and personal property’s history, pedigree, and any other relevant factors may influence its overall valuation. Evaluations
should also note negative findings in order to achieve our goal, we are committed to providing professional and credible appraisal guidelines.
The comprehensive, consistent appraisals provided by Expert Appraisers Co. ensure the trust of insurers, law firms, clients,
purchasers, sellers and others.
LIABILITY
Due to the fact that appraisals are regarded as expert assessments, they are frequently deemed appropriate in a court of law. There are several
obligations that an appraiser must fulfill:
1. Provide an explanation of any specific requirements for the data used in the evaluation. In case the data was not independently verified for
veracity, it should be clearly stated. The appraiser is the one who is most affected by this since they have to confirm their expert conclusions.
Anyone who is deemed an employee or assistant is vicariously liable for their actions.
2. During the appraisal of any type of vehicles/motorcycles, or/and personal property, Expert Appraisers Co. must take
reasonable steps to avoid inaccuracy, distortion, deceit, or any other unlawful behavior.
3. It is Expert Appraisers Co.'s policy never to knowingly engage in any conduct or omission that would be considered dishonorable
unethical or inappropriate in all the relevant circumstances.
4. Fairness, sincerity, and transparency are essential to Expert Appraisers Co.'s operations
5. The appraisal must be completed in accordance with the contract.
6. To verify the completeness and accuracy of the appraisal, Expert Appraisers Co. shall conduct its due diligence.
7. When Expert Appraisers Co. values any type of vehicles/motorcycle or/and personal property, it will show decent knowledge,
experience, talent, and professionalism throughout the process.
LIMITATION
In addition to examining and recording the vehicle/motorcycle VIN numbers, or/and personal property, the appraisers also a inspect and record
the vehicle/motorcycle itself or/and personal property/item itself, as well as the documents pertaining to ownership, registration, item number,
And receipt. Authenticity is ensured by this procedure In case the vehicle has Car Fax, UVP, or history, also if the personal property has any
History, a copy will be provided by the client. There must be at least twelve (12) photographs taken of the vehicle/motorcycle from the top,
Front, back, trunk, sides, corners, dashboard, engine, and frame. Also must take a few pictures of any item of personal property. It is essential
To detail three comparable vehicles/motorcycles for sale or/and have been sold in the market or/and the auto auction.
Digital text and images are preferable for legibility and professionalism in printing To keep our clients informed of current market trends, EAC
Expert Appraisers Corporation uses the auto trader, J.D. power, Kelley blue book, Car gurus, NADA, Edmunds, kijiji, classic cars report, internet
sales, auto auctions, home depot, Lowe’s, Amazon, eBay, and any other type of resources or/and business transaction that may be relevant
To the appraisal. Expert Appraisers Co. assists in a claim as a third party, not a government agency or an enforcement force, and
Will not agree to represent any side in a court of law. Anyone needing assistance may be helped by our contact team. Vehicle/motorcycle or/
And personal property appraisals are expert services for which fees may be requested. In accordance with the time and work necessary
To finish the client's final document accordance with the time and work necessary to finish the client's final document. For the past 25 years,
We have had previous experience or have been actively involved in some aspect of the automotive field.
Opinion and conclusions made in this report reflect the appraiser’s professional judgment based on facts and conditions available to appraisers
At the time of this report. The Expert Appraisers Co. and its employees have performed no services, as appraiser or in any other
capacity, regarding the property that is subject to this report within the three-year period immediately preceding acceptance of this
Assignment. The appraiser has no personal interest or bias with respect to the parties involved. We/I have made a personal inspection of the
Subject property. Our/my compensation is not contingent upon the reporting of a specific predetermined value or direction of value.
The intended use of this report is to determine the Fair Market Value or/and Liquidation Value, Market Value is the price at which the property
would change hands between a willing buyer and a willing seller Neither being under compulsion to buy or compulsion to sell and both having
Reasonable knowledge of relevant fact. Liquidation Value is the price at which the property would change hands when there was a financial
Situation, or other limiting circumstances, existing at the time of sale so as to require a sacrifices.
CODE OF ETHICS
Based on current market trends, Expert Appraisers Co. shall perform unbiased and fair market evaluations. Publicly and privately,
the appraiser must demonstrate a high level of integrity that Expert Appraisers Co. accepts as a standard of conduct. It is Expert Appraisers Co.'s
policy not to engage in conduct that would, under all the circumstances, reasonably be regarded as insulting to human dignity or integrity
In addition, Expert Appraisers Co. shall not use any symbols that, under all circumstances, could be regarded as offensive.
Conducting business ethically and respectfully of the rights and interests of the parties involved. Expert Appraisers Co. has
provided expert valuations and appraisals to Service Ontario, insurance companies, law firms estates, and inheritances over the years.
TERMS AND CONDITIONS
These online and in-person service valuations are based on the information that you provide as well as the amount you claim to have paid.
Client’s email or verbal communication about your purchase demonstrates that the description and amount you provided are accurate.
The information supplied must include pictures and receipts. If fraudulent information is submitted, Expert Appraisers Co. has
No responsibility or liability. A violator who makes false or misleading statements is subject to penalties, imprisonment, or both if found guilty
under the retail sales tax act's subsections 32(4) and 32(4.1). As part of the ministry's routine correspondence, vendors are often asked to
provide receipts, copies of checks, and other relevant information to support their claims. Thus, you should disclose the details of your vehicle/
motorcycle with honesty. When providing information to us ( Expert Appraisers Co. ) if we receive inaccurate or misleading
information from you, we are not responsible for any legal consequences or fines you might face. The intended use of this report is limited
to use, for the purpose shown in the cover/title page only. This report is to be used in its entirety only and is not indented for any other use by
or distribution to other parties. Any work subsequent to this report will be billed at a separate rate, to be determined as applicable. All facts
and data set forth in this report are true and accurate to the best of the appraiser’s knowledge and belief. It is not possible to guarantee the
requested appraisal amount will match the final appraisal amount. A request will be reviewed along with the supporting documents and
information provided. As a condition of this agreement, Expert Appraisers Co. will not be held responsible in a court of law
and will not issue any refunds if the final amount of the Vehicle appraisal evaluation is not what the client or other parties were expecting or
or get rejected by the insurer or other parties.
When there is physical damage to the vehicle, or noticeable mechanical issues, which requires a lower value than the used vehicle information
package wholesale value, please email images, receipts, and supporting documents to info@expertappraiserscorporation.ca