Would you accept this LOE?

[KHS445]

New client/intended user, new report and new fee. Said somewhat tongue in cheek.

 

[Carnivore]

USPAP addresses the appraiser's intended users, not the client's. Having said that, intended user(s) may be identified by type. So, there is no real USPAP challenge; it is a business decision.

True...because it is an end run around Privity- The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon any person who is not a party to the contract. The premise is that only parties to contracts should be able to sue to enforce their rights or claim damages as such.

So since we agree to the distribution(contract provision) we also give up Privity.