Partnership
Dissolution

The assignment is an appraisal of the real estate interests held by the partnership, concluded under a value definition appropriate to the dissolution and a stated intended use. The effective date is set to the relevant point. The deliverable is a written appraisal report documenting the scope, property, evidence, and value conclusion. It is valuation support, not legal or financial advice.

Partners, their attorneys, and accountants use partnership dissolution appraisals when a partnership is dissolved and a supported value of real estate interests is needed for buy-out or distribution. For example, partners dissolving a venture that holds a commercial property may need a value to inform the buy-out. Legal and financial strategy is determined with counsel and advisors.

The analysis considers the property interests held by the partnership, the property's characteristics and condition, market conditions, the applicable value definition and intended use, and the effective date. The valuation approaches applied depend on the property type and data. The conclusion is a supported opinion of value to inform the dissolution, not a recommendation on the buy-out or a guarantee of any outcome.

We begin by discussing the dissolution and the value required to confirm scope and the value definition. After agreeing on scope, we inspect the property when appropriate, research comparable market evidence, analyze the data, and deliver a written appraisal report. Scope, fees, and timing depend on the property and the dissolution.