Different Contract?

[BarrySW1963]

I think this has been covered before, yet I can't locate the right thread.

Appraisal ED was early December.

Got a revision request to update appraisal with "contract amendment". It's not actually an amendment, it is a whole new contract, executed a few weeks after the ED.

Just handle in comments? Certainly not changing anything on pg. 1.

 

[The Bob]

Just remember you need to analyze both contracts. How you handle it (addendum or change page 1) is up to you. You might get some push back if page 1 doesn't match the "revised" contract.

 

[Vermonter]

Second contract is after effective date, which would be my excuse to leave page 1 as is and address it in a separate dated addendum. Done it many times without too much grief.

 

[BarrySW1963]

Thank you.

 

[Mr Rex]

FAQ 139 in the 2014-15 USPAP