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The Importance of Contemporary Art Appraisals

Art Appraisal Resources

Additionally, when art is donated to a museum or non-profit institution, an appraisal is essential for tax purposes and to comply with IRS regulations. Loan Collateral Art collectors or investors who use their contemporary art as collateral for loans may require an appraisal to determine its value as security.

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Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

Unbiased Approach: Unbiased appraisal professionals maintain neutrality throughout the valuation process. Attention to Detail: Property appraisal involves thorough research and examination. They also research similar properties that have sold in the area.