How can Sherry FitzGerald help?
If you need a family law valuation, Sherry FitzGerald has you covered. Our Dublin, Wicklow, Galway, Limerick and Cork-based registered valuers are part of a nationwide team, ready to undertake family law valuations in any county in Ireland.
At Sherry FitzGerald, we understand that going through a separation or divorce is an overwhelming experience. For most couples, shared property is their most valuable asset. Often, their greatest difficulty is deciding what should happen to the family home. Undertaking a family law valuation is an important step in ensuring an equitable division of property assets.
All our Sherry FitzGerald registered valuers can provide an independent and accurate family law valuation in a timely manner. If necessary, we can also attend court for divorce proceedings.
When is a family law valuation required?
If you are considering legal separation or divorce, first get professional legal advice. Your family law solicitor will advise you if a family law valuation is required.
Family law valuations are most often requested by
- People who are undergoing a legal separation or divorce
- Couples undergoing mediation
In the case of legal separation or divorce, it’s common practice for each party to get a family law valuation. These are generally undertaken by different companies. We can represent both sides once both parties and their solicitors are in agreement. When either partner owns, or partially owns, more than one property these properties will need to be valued too.
Who can undertake a family law valuation?
Only an RICS Registered Valuer or a TEGOVA Registered Valuer can undertake a family law valuation. The Royal Institution of Chartered Surveyors (RICS) and The European Group of Valuers Associations are the professional bodies that ensures the highest international standards. A valuation undertaken by an RICS registered valuer/TEGOVA valuer may also be called a ‘Red Book Valuation’/ ‘Blue Book Valuation’.
At Sherry FitzGerald, family law valuations are undertaken by a registered valuer and prepared in the correct format.
How do I prepare for a family law valuation?
The valuer will need to access the property, inside and out. Unlike a regular valuation, there’s no need to prepare the house. The valuer will measure, take details, and take photos, but these are for the purpose of the report only. Our valuers can see beyond decorative details and untidiness, to accurately value the property.
The process usually takes less than an hour and no additional documentation is required.
At Sherry FitzGerald, we realise that having someone walking through the house at this time can feel intrusive. We approach the valuation with professionalism and empathy.
How soon will I receive my Family Law Valuation Report?
At Sherry Fitzgerald we usually have a Family Law Valuation Report within 48 hours of the inspection.
My house has recently been valued by an estate agent. Can I use the existing report as a family law valuation?
No. A Market Appraisal Report is provided by a sales agent when you are considering selling your property. It offers guidance on the market value, sales and marketing strategy, and advice on preparing the property for sale. A Market Appraisal Report does not meet the criteria for a family law valuation. A family law valuation is an official document and must be undertaken by a registered valuer.
What happens if my case goes to court?
A Family Law Valuation Report is a legal document outlining the advised market value of a property. It can be used in court proceedings. If necessary, your Sherry FitzGerald registered valuer can attend court as an expert witness.
Any additional costs incurred for court attendance will be relayed to you in advance.
We’re here to help
Contact our dedicated valuations team today on 01 2376442 or by emailing resivals@sherryfitz.ie. You can also visit our website at www.sherryfitz.ie/specialist-valuation for a swift, efficient and empathetic service at this difficult time
