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<p>[QUOTE=&quot;medoraman, post: 1329323, member: 26302&quot;]The main difference, (and the only reason I support this law), is it deals SPECIFICALLY to a non expert going to an expert and asking for a valuation. The ONLY instance it applies is where a widow goes to a coin dealer to ask how much her husband&#039;s coins are worth, or to a colelctible car dealer to ask what an old stingray is worth. In that limited circumstance where a non expert goes to an expert BECAUSE that person is an expert, the law simply says the expert cannot blatantly lie to the other, with the intent of buying well below market. If the other party is a coin collector, the law doesn&#039;t apply. Buying a coin? Law doesn&#039;t apply. Selling to a dude on Craigslist, law doesn&#039;t apply. Even if you are selling to a dealer, if the dealer doesn&#039;t lie and simply says, &quot;I can pay you X for it&quot;, and does not tell the non-expert that its WORTH x, (legally an appraisal), then it doesn&#039;t apply.</p><p><br /></p><p>I am all for laize faire economics, but do not think preventing expert lying in an appraisal to widows and non experts is TOO much to ask. Every single instance other than what I described would not be covered.</p><p><br /></p><p>Dang, hope I am not getting a rep for wanting to be a government interventionist. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /> That REALLY is not my economic outlook.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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