Real Estate Appraisal Acknowledgement

REAL ESTATE APPRAISAL ACKNOWLEDGEMENT

Parties

Client Name:

Property Identification

Assignment Details

Type of appraisal (select all that apply):

Complete appraisal report Value-only report Desktop / Drive-by appraisal Other

If Other, specify:

Effective date of value: Day Month Year

Date of inspection:

Acknowledgement and Authorizations

The undersigned Client hereby orders and acknowledges receipt of appraisal services described above and authorizes the Appraiser and Appraiser's agents to access the subject property, obtain pertinent records, and rely on representations made by the Client or other parties in connection with the appraisal assignment. Client acknowledges that the appraiser will rely on observed property condition, neighborhood data, and other information reasonably available to complete the assignment.

The Client specifically authorizes access to property located at for purposes of inspection and valuation.

Reliance and Confidentiality

The appraisal report prepared by the Appraiser is intended for the benefit of the named intended user(s) and Client and may not be relied upon by third parties unless expressly authorized in writing. The Appraiser is not responsible for legal matters, title questions, environmental conditions, or hidden defects not disclosed or apparent at the time of inspection.

Does the Client authorize third-party reliance? Yes No

Disclosures and Conflicts of Interest

To the best of the Appraiser's knowledge, there exists the following relationship, interest or prior involvement that could present a conflict of interest:

No known conflict Related party transaction Other

Limitation of Liability; Indemnity

Unless otherwise agreed in writing, the Client agrees that any recovery for claims, errors, omissions or negligence relating to the appraisal services will be limited to direct damages not to exceed the aggregate amount of fees paid for the appraisal. The Client will indemnify and hold harmless the Appraiser and Appraiser's firm from claims arising out of Client-provided information, misrepresentations, or unauthorized use of the appraisal report.

Client acknowledges and accepts the limitation of liability and indemnity provision: Accept Decline

Delivery and Retention

The Appraiser will deliver the written appraisal report to the Client in accordance with the agreed delivery method. The Appraiser will retain work files and supporting documentation for the period required by applicable professional standards, and such files are the property of the Appraiser unless otherwise agreed in writing.

Governing Law; Entire Agreement

This Acknowledgement and the rights and obligations of the parties hereunder shall be governed by the laws of the state of without regard to principles of conflicts of law. This document constitutes the entire agreement between the parties concerning the appraisal assignment and supersedes all prior agreements and understandings, whether written or oral, relating to the assignment.

Acknowledgement of Receipt

By signing below, the parties acknowledge they have read, understand, and agree to the terms set forth in this Real Estate Appraisal Acknowledgement. The Client acknowledges that the Appraiser's obligations are limited to those duties expressly required by this document and applicable professional standards.

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