TAFAC - Appraisers Blogs https://appraisersblogs.com/tag/tafac/ Appraisal News and Tips for Real Estate Appraisers Mon, 09 Jan 2023 22:50:17 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 TAFAC - Appraisers Blogs https://appraisersblogs.com/tag/tafac/ 32 32 52046035 100% Liability for Information Relied Upon https://appraisersblogs.com/appraisers-liable-4-information-hybrids https://appraisersblogs.com/appraisers-liable-4-information-hybrids#comments Tue, 12 Jun 2018 12:30:16 +0000 http://appraisersblogs.com/?p=18174 …courts have ruled if the information is included in the report and relied upon, the appraiser is responsible for the information… Last week representatives from VaCAP attended The Appraisal Foundation Advisory Committee (TAFAC) and Industry Advisory Council (IAC) joint meeting. We promised a recap of the events, however, both The Appraisal Foundation and Jonathan Miller have already released a summary and did an outstanding job. To read about the event, simply follow this link. The one thing every appraiser needs to understand about the new hybrid product is their liability; specifically the appraisers has 100% liability for the report and the information...

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