Access Valuations has completed a large volume of specialist property valuations for bailment matters. With over 20 years of industry experience in Sydney property valuations, our valuers are continuously nominated by two disputing parties to act as the ‘single expert’ and are available for court appearances in an expert witness capacity. We aim to provide unbiased, independent and expert property valuations for bailment and compensation purposes with a short turn around period for our Sydney clients.
Bailment refers to the voluntary delivery or possession of an asset such as property from one party, the ‘bailor’, to another party, the ‘bailee’, with the understanding that the asset will be returned in accordance with the wishes of the bailor. Bailment does not involve the transfer of ownership, with the bailor retaining ownership of the asset. Bailment for reward refers to the type of bailment which is contractual in nature, in which payment is made to the bailee for the possession of the property. An independent valuation can help settle bailment disputes by providing an accurate, unbiased assessment of the market value of the property in question.
Depending on the circumstances, both parties may independently appoint their own valuer, but appointing a single expert will reduce the issues and extra costs which may arise. The independent property valuers at Access Valuations in Sydney have extensive experience in bailment matters, and can provide in-depth, unbiased property valuations based on the current market. As a single expert appointed by both parties, our valuers are objective and focused on providing accurate information which will lead to settlement. If mediation does not resolve the dispute and settlement will be decided by court proceedings, our valuers are also able to act in the capacity of expert witness for the case.
If you are currently involved in seeking compensation for bailment, or are planning to take a bailment dispute to court, a property valuation from a licenced valuer can make the process both easier and more quickly resolved. All the valuers at Access Valuations are members of the Australian Property Institute (API), the leading national membership organisation for property professionals. API members are renowned for being impartial, objective and independent. In addition, our valuers participate in continual professional development to maintain high standards of domain expertise.
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Access Valuations are licenced to provide bailment valuations for properties across New South Wales, including the Central Coast, the Blue Mountains and the Sydney Metropolitan Area. To discuss our Sydney property valuations or expert witness services, and for an obligation free quote, contact Access Valuations today.Contact Us