Interesting Borrower Call

[chad hampton]

NO Your state License Board Requires YOU TO Keep Files** Typically 5 years depending on State And saying you only keep files for 12 months is now a reason for the State to go after you ... Take a basic course in Law And Read Your State License Requirements !

It was a joke. Of course I keep files for 5 years. But a random borrower isn't going to be well versed in USPAP. Even if he was, it's not his report.

 

[Ariba]

It was a joke. Of course I keep files for 5 years. But a random borrower isn't going to be well versed in USPAP. Even if he was, it's not his report.

You have zero responsibility to provide the appraisal report to the borrower!

 

[Frederick R. Ruffell]

What exactly is the question in the OP?