Liability and the Appraiser's Property Inspection (Law AND THE APPRAISER‪)‬

An appraisal starts when a representative of a financial institution, employee of a relocation company, homebuyer, seller, representative of an estate, lawyer, or some other party contacts the appraiser with a value-related question about real property. The appraiser and the client discuss the appraisal problem and the scope of work required to complete the assignment If the client does not know what is involved in the completion of the assignment, the discussion takes the form of client education. The client may not understand what professional services the appraiser can and cannot provide, while the appraiser may not have the requisite knowledge or experience to competently complete the assignment. (1) A clear understanding of the problem to be solved and the role of the appraiser are essential at the onset of the appraiser's work. Scope of Work