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Market and Non-Market Determinants of Property Valuations decided through the Court System in Family Law Separation in Australia: Developing a Scientific Approach

Author

Listed:
  • Paloma Taltavull
  • Stanley McGreal
  • Tony McGough
  • Deborah Leshinsky

Abstract

The family law courts in Australia are currently ill equipped to assess property valuations in regard to divorce. Judges face conflicts in the system, and there appears to be a lack of clarity regarding current market valuations. Judges look at valuations from both sides, resulting in outcomes that can be harmful to litigants and wasteful to society. While judges face the same valuation uncertainty as the parties themselves, expert witnesses will consequently continue to be called by the courts. This situation has prompted the interest in this study to evaluate the necessity for a review of court decisions.

Suggested Citation

  • Paloma Taltavull & Stanley McGreal & Tony McGough & Deborah Leshinsky, 2022. "Market and Non-Market Determinants of Property Valuations decided through the Court System in Family Law Separation in Australia: Developing a Scientific Approach," ERES 2022_254, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:2022_254
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    File URL: https://eres.architexturez.net/doc/eres-id-eres2022-254
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    More about this item

    Keywords

    Not always what you wish for - Post divorce and housing; Valuation and appraisal; Valuation Family law and divorce; Women and Housing and matrimonial home;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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