FIRST FEDERAL SAVINGS & LOAN ASSN. OF ROCHESTER v. CHARTER APPRAISAL CO.

(SC 16001)

247 Conn. 597 (1999)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ROCHESTER v. CHARTER APPRAISAL COMPANY, INC.

Supreme Court of Connecticut.

Officially released February 2, 1999.


Attorney(s) appearing for the Case

Stuart D. Rosen, with whom was Ann M. Siczewicz, for the appellant-appellee (substitute plaintiff Marine Midland Bank).

Michael F. Dowley, with whom, on the brief, was Frank C. White, Jr., for the appellee-appellant (defendant).

Norcott, Katz, Palmer, McDonald and Peters, JS.


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.

...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases