This is an official form from the New York State Unified Court, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by New York statutes and law.
The Kings New York Order Appointing Appraiser / Evaluator is a legal document issued by the Kings County Surrogate's Court in the State of New York. It is designed to appoint an appraiser or evaluator for various purposes, such as determining the value of assets in an estate, or conducting a fair appraisal of a property for real estate purposes. This order plays a crucial role in legal proceedings, particularly in probate cases where it is necessary to evaluate the assets and properties left behind by a deceased person. The appointed appraiser or evaluator is responsible for assessing the value of these assets, which may include real estate, personal property, and financial accounts, among others. The Kings New York Order Appointing Appraiser / Evaluator ensures a fair and unbiased assessment, as the individual appointed should be experienced and knowledgeable in the field of asset valuation. They must possess an understanding of market trends, property evaluations, accounting principles, and legal requirements to provide an accurate valuation. Different types of Kings New York Orders Appointing Appraiser / Evaluator may be issued based on the specific needs of a case: 1. Estate Appraiser Order: This type of order is commonly issued in probate cases to determine the value of assets left behind by the deceased. The appraiser appointed under this order evaluates various assets, including real estate, stocks and bonds, business interests, vehicles, jewelry, and other personal property. 2. Real Estate Appraiser Order: In situations where a fair market value assessment of real estate properties is required, a Real Estate Appraiser Order is issued. The appointed appraiser conducts thorough research, compares recent sales of similar properties, considers factors like location and condition, and calculates an accurate value for the property. 3. Business Valuation Order: For cases involving business interests, such as partnerships, corporations, or sole proprietorship, the court may issue a Business Valuation Order. In this scenario, an appraiser with expertise in business valuation assesses the financials, assets, and market conditions to determine the fair market value of the business interest. These are just a few examples of the different types of Kings New York Orders Appointing Appraiser / Evaluator that may be issued by the Kings County Surrogate's Court. Each order aims to ensure fair and accurate valuations for various purposes within the legal system.The Kings New York Order Appointing Appraiser / Evaluator is a legal document issued by the Kings County Surrogate's Court in the State of New York. It is designed to appoint an appraiser or evaluator for various purposes, such as determining the value of assets in an estate, or conducting a fair appraisal of a property for real estate purposes. This order plays a crucial role in legal proceedings, particularly in probate cases where it is necessary to evaluate the assets and properties left behind by a deceased person. The appointed appraiser or evaluator is responsible for assessing the value of these assets, which may include real estate, personal property, and financial accounts, among others. The Kings New York Order Appointing Appraiser / Evaluator ensures a fair and unbiased assessment, as the individual appointed should be experienced and knowledgeable in the field of asset valuation. They must possess an understanding of market trends, property evaluations, accounting principles, and legal requirements to provide an accurate valuation. Different types of Kings New York Orders Appointing Appraiser / Evaluator may be issued based on the specific needs of a case: 1. Estate Appraiser Order: This type of order is commonly issued in probate cases to determine the value of assets left behind by the deceased. The appraiser appointed under this order evaluates various assets, including real estate, stocks and bonds, business interests, vehicles, jewelry, and other personal property. 2. Real Estate Appraiser Order: In situations where a fair market value assessment of real estate properties is required, a Real Estate Appraiser Order is issued. The appointed appraiser conducts thorough research, compares recent sales of similar properties, considers factors like location and condition, and calculates an accurate value for the property. 3. Business Valuation Order: For cases involving business interests, such as partnerships, corporations, or sole proprietorship, the court may issue a Business Valuation Order. In this scenario, an appraiser with expertise in business valuation assesses the financials, assets, and market conditions to determine the fair market value of the business interest. These are just a few examples of the different types of Kings New York Orders Appointing Appraiser / Evaluator that may be issued by the Kings County Surrogate's Court. Each order aims to ensure fair and accurate valuations for various purposes within the legal system.