Appraiser Beware: Know the Terms of Your Appraisal Memorandum

Originally published by Christina Phillips.

Memorandums of Appraisal, Appraisal Parameters or similarly named documents which outline the scope of the appraisal are becoming more and more common. The case of Church Mutual Insurance Company v. Circle of Light,1 is a good reminder that all appraisers should know the terms and limitations set forth in any such document before proceeding to… Continue Reading

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