GPAR Retrospective Date(s)

[ZZGAMAZZ]

Regarding application of the GPAR for retrospective non-lending residential assignments:

SMT-3 specifically describes two dates--the "effective date" and the "date of the report."

The GPAR promts for 3 dates--the effective date, the date of signature of the report, and the viewing date.

Is it necessary/advisable to clarify whether the date of signature or the viewing date is the "date of the report?"

 

[Rufus]

Is it necessary/advisable to clarify whether the date of signature or the viewing date is the "date of the report?"

Yes, I think it is important. Something like:

The effective date of this appraisal is xx/xx/xxxx as requested by the client. The appraiser (viewed the property from the street) / (performed an interior and exterior inspection of the property) on xx/xx/xxxx. This report was completed and signed on xx/xx/xxxx.