DISCLOSURES & DISCLAIMERS FOR RESIDENTIAL APPRAISERS

Course overview

This seminar is designed to assist residential appraisers in the appropriate use of disclosures and disclaimers to promote clear communication and reduce liability. While the primary focus of the seminar is directed at dealing with disclosures and disclaimers when reporting assignment results on the Uniform Residential Appraisal Report form there is much in the way of general information that will assist appraisers when dealing with issues of liability found in other appraisal assignments that do not require the use of the URAR form. Actual and hypothetical accounts of common residential appraisal situations are used to illustrate both the potential liability involved, as well as possible preventative measures. Dozens of disclosures, disclaimers and other suggested statements are included for the participant's consideration.