Fact-check: Trump inaccurate statements that there was an agreement that Mar-a-Lago’s value exceeds the state’s appraisal.

Trump inaccurate statements

Trump inaccurate statements

Trump inaccurate statements surfaced when former President Donald Trump falsely asserted on social media that a court had validated Mar-a-Lago’s worth at $900 million to $1.8 billion, far exceeding the New York Attorney General’s appraisal of $18 million. However, this claim was debunked; the court did not support Trump’s statement.

Judge Arthur Engoron clarified that the property’s value ranged from $18 million to $27.6 million from 2011 to 2021, as assessed by the Palm Beach County Assessor. Engoron emphasized significant land use restrictions and criticized Trump’s misleading financial statements. Although Trump’s lawyer argued for a higher valuation in court, the judge did not endorse Trump’s inflated figures.

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cnn.com

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