I am a WV appraiser and this is the first that I have heard of this. I had filed an ethics compliant against a Board member for advertising that he was a Board member in his USPAP class advertisements. I am thinking that if they are also members of the Appraisal Institute that complaints should be filed there as well. Thank you Lori for standing up.

This just goes to show you how important it is that when dealing with these type of proceedings that a conflict of interest isn’t present. I’m curious regarding the following statement.

“The board members, according to the appraiser, also help engineer and approve below-market or inflated appraisals on behalf of the law firm.”

What benefit did the law firm gain from being able to manipulate the property values? Were these properties one that were being sold or purchase by the law firm or their clients? This would be interesting to know some of that back ground. In Nevada because of our Nevada Revises Statues, I believe a law firm wouldn’t have the ability to override a property value.