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USPAP True Copy

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Anything that would cause data loss would also destroy paper. You have to be negligent to lose electronic data.


Ok .... if you say so. Maybe we should stop using our CDs as beer coasters? :beer:
 
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I have no clue what an AI Ready file is or an ENV file is..........I send PDFs.

I must be stupid.
:new_rofl:

Dude....you made me spit on my monitor.....
 
Rich .. to what degree of redundancy do you keep electronic copies of your appraisal reports? Frankly I do not believe electronic means a great way to reliably store data .. Im just curious as to the level of your electronic redundancy.

Perhaps what you are asking is "what's reasonable?"

In other words, buildings and file cabinets are susceptible to fires, floods or whatever. Electronic storage is susceptible to other factors but in some ways, may be better than hard copy.

My question would be: What is a reasonable method of storage? If the answer is that paper and steel cabinets are the only reasonable method then have at it. What is reasonable to one may not be to another.

Personally, I'm good with off premises or cloud in addition to on premises. I do not, nor am I implying that you, think that one must print out a copy of the .env or xml file and place it in an on-prem manila folder. But some may feel that way and, more importantly, some State regulators may feel that way.
 
Seeing how an appraisal is modified when it goes through the conversion to the .env (for AIReady delivery) format, there may be a legitimate question about what comes out the other end, when the digested report is spit out by the client or the gleaner or whoever. I can only keep a copy of what I send: I don't necessarily know what is received. I've also learned that it's prudent to review .pdf files of appraisals.
 
Keep what you sent.

Seeing how an appraisal is modified when it goes through the conversion to the .env (for AIReady delivery) format, there may be a legitimate question about what comes out the other end, when the digested report is spit out by the client or the gleaner or whoever. I can only keep a copy of what I send: I don't necessarily know what is received. I've also learned that it's prudent to review .pdf files of appraisals.

Exactly my point when I suggest keeping a copy of the electronic file sent is the only way to be sure you have a true copy. A printout is just one representation of the electronic file. How it appears to a reader depends entirely on the program used to view the file. Even a PDF will vary in appearance depending on the program used.
 
I keep a printed copy of my pdf file and when I create the env file I save it to my hard drive before sending, then convert the env tile to another pdf, print that and save it. So I have copies of both versions. And all of that is saved on two different external hard drives forever as well as at least a year on my desk top computer.
 
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