Real Estate Appraisal
A real estate appraisal is a professional, written estimate of a property's fair market value, prepared by a licensed appraiser. In a Florida divorce, it's often used to value the marital home and other real property so the court or the spouses can divide assets fairly under equitable distribution. Knowing the home's value helps determine whether to sell it, refinance, or have one spouse buy out the other's share.
Last updated June 21, 2026
Legal Definition
An appraisal is an unbiased opinion of real property value as of a specific date, prepared by a state-licensed or certified appraiser; in dissolution cases it supports the valuation of marital assets that Florida courts equitably distribute under F.S. §61.075.
Example
The spouses ordered a real estate appraisal of the marital home so they could agree on a buyout figure before finalizing the divorce.
Related Statutes
- 61.075
Related Terms
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