- May 25, 2002
- Professional Status
- Certified Residential Appraiser
Clients and intended users often are the same when the intended use of the appraisal report is mortgage loan transaction only and the intended user is a regulated lender but when client is a broker who is the agent of several regulated lenders and may take the appraisal report to several lenders for approval, how are you going to specify the intended users? The one that you put in the report may not be the intended user that the report ends up to. I suppose, regulated lenders accept appraisal reports with intended users of another regulated lenders or it is better to put a general phrase such as federally regulated lenders as intended users of the report.