What’s in a Sales Contract? Insights from a Seasoned Appraiser
McKissock
AUGUST 13, 2021
Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. When should we analyze the contract? Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion.
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