Appraisal Report Language is Key

Originally published in 2021 

Carefully crafted language, both specific and standard, is key in appraisal reports. One insured appraiser recently avoided a potentially costly lawsuit by including well-thought-out language that addressed issues related to large rural properties.

In 2017, a roughly 10-acre property was subdivided into two parcels, one was about 7 acres and the other almost 3. Each parcel had a single-family home. The owner who subdivided the property sold the smaller parcel to a third party while continuing to occupy the residence in the larger 7-acre parcel.

Read More
Share this post:

Comments on "Appraisal Report Language is Key"

Comments 0-5 of 0

Please login to comment