Legal Opinion
First Federal Savings & Loan Ass'n v. Charter Appraisal Co.
Supreme Court of Connecticut
Decided February 2, 1999No. SC 16001PublishedCited by 30 opinions
1Opinion of the Court
*599 Opinion
PETERS, J.
The principal issue in this case is the extent of the liability of a negligent appraiser of real property. Specifically, we must determine whether an appraiser whose negligence results in an excessive valuation of property to be mortgaged bears responsibility for a general decline in real estate values that further decreases the market value of the negligently appraised property.
The plaintiff, First Federal Savings and Loan Association of Rochester, now known as Marine Midland Bank (bank),1 filed a complaint alleging that the negligence of the defendant, Charter Appraisal…
2Cases cited16 opinions
- RK Constructors, Inc. v. Fusco Corp.Supreme Court of Connecticut · 1994
- Waters v. AutuoriSupreme Court of Connecticut · 1996
- Stewart v. Federated Department Stores, Inc.Supreme Court of Connecticut · 1995
- Westport Taxi Service, Inc. v. Westport Transit DistrictSupreme Court of Connecticut · 1995
- Doe v. ManheimerSupreme Court of Connecticut · 1989
11 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Oregon Steel Mills, Inc. v. Coopers & Lybrand, LLPOregon Supreme Court · 2004
- Superior Bank, F.S.B. v. Tandem National Mortgage, Inc.District Court, D. Maryland · 2000
- Gomes v. Commercial Union InsuranceSupreme Court of Connecticut · 2001
- Advanced Financial Services, Inc. v. Associated Appraisal Services, Inc.Connecticut Appellate Court · 2003
- Brian Nail v. Husch Blackwell Sanders, LLPSupreme Court of Missouri · 2014
25 more not listed; retrieve them via the Exa API.