Offit Kurman offices in downtown Philadelphia. (Photo: Diego M. Radzinschi/ALM) 'False Appraisal'?: Offit Kurman Seeks $1M Damages Award in DC Real Estate Negligence Lawsuit
Appraisal Management Solutions "breached" its appraisal duty by "failing" to determine the correct square footage of the D.C. residential property, according to the allegations in the complaint.
August 29, 2024 at 05:05 PM
2 minute read
What You Need to Know
- Offit Kurman filed a real estate negligence complaint on behalf of D.C. homeowner Emerson Bretous.
- The defendants are accused of producing a false appraisal report undervaluing the property of the home.
- The complaint seeks at least $1 million in damages in D.C. Superior Court.
Offit Kurman has filed a negligence lawsuit seeking at least $1 million in damages on behalf of a District of Columbia homeowner claiming monetary losses and increased borrowing costs related to an alleged false appraisal of his property.
Emerson Bretous alleges Appraisal Management Solutions LLC and licensed appraiser Michael Thompson undervalued his residential property by more than $100,000 with a "false appraisal report" that increased his mortgage borrowing costs.
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