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Mold Asbestos Radon & many others

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Karl

Thread Starter
Elite Member
Joined
Jan 15, 2002
Professional Status
Licensed Appraiser
State
Arizona
My OPINION stop makin an issue of the bad. Lawyers probablly read these Forums lookin for deep pockets. Y not just put something to the effect that Due to the fact that U are not a licensed & or certified Environmental Inspector or Engineer Any party to this transaction that has ANY concerns to environmental issues that may pertain to the subject listed in this report, it is this appraisers opinion that a licensed environmental Engineer or Inspector be consulted. Cause I guarntee that you will have left out at least one of the lawsuit pertential words How many of U address Formaidehyde in your reports with homes that have carpet. If U write one Bad word it can be ASSUMED that U know of others.
 

Farm Gal

Elite Member
Joined
Jan 14, 2002
Professional Status
Licensed Appraiser
State
Nebraska
Lawyers probablly read these Forums lookin for deep pockets.

and
....If U write one Bad word it can be ASSUMED that U know of others.
:lol: :lol: No sweat KArl: I will then refer them over to the watercooler where I bemoan the two eldest in college, grands to fuss over, upcoming braces and summer programs for youngest offspring and life in general for whatever is left over of my so-called disposable income...

There ARE no deep pockets here: the shallow ones located in my worn jeans have holes and dryer lint for contents!

I respectfully disagree with your all-purose disclaimer as it appears to do exactly what you suggested we NOT do: says we can identify that there might be environmental or other (engineer) problems so we should have been able to tell that there is an AC problem in the middle of winter or a plumbing problem in a winterized home or a.. the list is endless!

I figure my disclosure covers most of the bases, and if the opposition lawyer don't like it I bet mine and the judge or jury will!!
 
Joined
Jan 16, 2002
"Toxic Mold: Are We Creating Liability ?" (an article appearing in most recent edition of "Real Estate Valuation Magazine") - sums it up.

The are periodic environmental "buzz words" from time to time. The current one is mold. Article was written by an attorney who claims she can't find one single case in the entire country where an appraiser was
sued over a mold issue.

Article is lengthly and somewhat interesting. I can't speak for others
but in 24 years I've never even heard an impled threat about beng sued.
Maybe I'm just lucky, but I wonder about the reality. There sure is a lot of talk about being sued. How prevalent are actual lawsuits againist appraisers ? I know dozens of appraisers and as far as I can tell none have been sued over an environmental issue (one was sued for inaccruate lot size calculations).
 
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