I need it in writing.

[Douglas Friesen]

Does an appraisal have to be writtin. I believe an appraisal can be verbal. If so where can I find evidence? I believe its in USPAP but not sure where. Any help appreciated.

 

[Don Clark]

Does an appraisal have to be writtin. I believe an appraisal can be verbal. If so where can I find evidence? I believe its in USPAP but not sure where. Any help appreciated.

It is in USPAP. Do you have a copy? Standard 2-1,(a),(b),(c)

 

[Douglas Friesen]

Hi Don,
I do have a copy, and I have reviewed your info. Thank you very much. I have taken the course momre than 6 times but just couldnt place where it was. Thank you very much.
Sincerely
Doug Friesen

 

[Hamlet]

I believe most "comp checks" are verbal.

 

[Don Clark]

Hi Don,
I do have a copy, and I have reviewed your info. Thank you very much. I have taken the course momre than 6 times but just couldnt place where it was. Thank you very much.
Sincerely
Doug Friesen

Glad to help. But remember, you need to have a work file with enough data in it with which you could put together a summary appraisal report. And, you need a signed certification for the work file. Also, see 2-4 and the record keeping section of the Ethics Rule.

 

[Ruben Ramon]

Also, check your state law, in Michigan, oral appraisals are not legal.

 

[DWiley]

Reminder - for an oral report the worfile must contain a summary of the oral report as well as a signed and dated certification.

 

[Ray Miller]

I believe most "comp checks" are verbal.

Oh no not again!!!!!!!!!!!!!

 

[Hamlet]

Sorry, Ray, not trying to start the Great Debate....just saying.

 

[Dirty Harry]

Sorry, Ray, not trying to start the Great Debate....just saying

From monthly to weekly now daily?

:Eyecrazy: