Marion, I picked this up a long time ago and just ran with it. In your opinion, will it hold up?

The appraiser does not guarantee or imply any compensation for liability or other expenses incurred by any parties. The appraiser does not guarantee or indemnify the service or costs incurred of or by any other party. By using this appraisal report, all interested parties current and possibly in the future, acknowledge that this reports function is limited to assisting ‘the client’ in making informed lending decisions, and acknowledge the appraiser and his professional associates, does not indemnify, guarantee, or agree to pay any other parties services or incurred costs, for any reason.

(ii) relates to or is in respect of the appraisal(s) submitted by User and such Claim alleges that User performed or prepared the appraisal(s) negligently

Hey,

It lets them use your appraisal for AVMs and they are not responsible. Better hope the other data included with yours was correct data. Should a borrower feel they have been harmed by a faulty AVM, or hybrid, or similar crap product, and Solidify is sued, you are indemnifying them for using your report and it’s data and photos. And I believe the AMC Final Rule and most states that register AMCs require AMCs to ensure their reports comply with USPAP requirements, so if you screwed up your report, and the AMC does not catch it, as part of their “QC”, they can not be held accountable, because you are indemnifying that also.

ROFLMAO.

And these agreements are 19 pages while the USPAP for standards 1 and 2 are less than that.

Agreed!