Property Appraisal Quote

PROPERTY APPRAISAL QUOTE

Date of Quote:

Parties and Recitals

Client Name:

Appraiser Name / Firm:

WHEREAS the Client requires an appraisal, valuation, and written report concerning the property described below for the stated intended use; and

WHEREAS the Appraiser represents that it is duly qualified and licensed to perform real property appraisal services and agrees to perform such services under the terms set forth in this Quote;

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:

Property Description

Scope of Work

The Appraiser will prepare an appraisal report for the property described above. The Scope includes inspection, data analysis, adjustments, and a written report containing the Appraiser's conclusions of market value. The standard deliverable will be a:

Assumptions, Limiting Conditions and Exclusions

Fees and Payment Terms

The Appraiser's fees are estimated as follows. Final fees may vary if additional services are requested or if unforeseen complexity arises. There is no third-party reliance fee included unless expressly stated.

Late payments will incur a service charge of % per month on overdue balances, and the Appraiser may suspend delivery of the report until payment is received in full.

Turnaround Time and Delivery

Typical turnaround time for the described Scope is business days from receipt of signed acceptance and required deposit. Rush delivery may be available for an additional fee.

Term and Termination

This Quote becomes effective upon Client acceptance and remains in effect until completion of the services, unless earlier terminated as provided herein. Start date: . Expected completion date: .

Either party may terminate this engagement for convenience upon giving days' written notice. In the event of termination, the Client shall pay for all work performed and reasonable costs incurred through the effective termination date.

Confidentiality

The Appraiser and Client shall each maintain in confidence all non-public information received from the other party in connection with this engagement and shall not disclose such information to third parties except as required by law, regulation, or professional standards, or as necessary for delivery of the appraisal report. The Client acknowledges that the Appraiser may disclose appraisal content to professional review bodies and insurers as required by professional liability coverage.

Governing Law; Limitation of Liability

This Quote and any resulting appraisal engagement shall be governed by the laws of the state of without regard to its conflicts of laws rules. The Appraiser's liability for damages arising out of this engagement is limited to direct damages and shall not exceed the greater of the fees paid under this Quote or a sum of , except as prohibited by applicable law.

Entire Agreement

This Quote, including any attachments or exhibits expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior proposals, understandings, and agreements. Any modification must be in writing and signed by both parties.

Acceptance

To accept this Quote and engage the Appraiser under these terms, please sign below where indicated. Acceptance also confirms Client's representation that the information provided to the Appraiser regarding the property is accurate to the best of Client's knowledge.

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