Do Appraisal Gap Clauses Impact Appraisals?
Cleveland Appraisal Blog
JULY 20, 2022
I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? In other words, do appraisal gap clauses cause appraisers to be more “conservative”? An appraisal gap clause can be written into a contract.