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Real Estate Advisors Defense Institute

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Language Library

In our CE seminars and in our resources on this site, we frequently suggest additional language that appraisers may consider using in their reports and correspondence. Using the right language can help reduce your liability exposure. In this section, we provide examples of additional language.

Please be aware of the following:
(1) there is no magic language that will insulate you from liability;
(2) no language is right for every circumstance -- the examples below should be adjusted and tailored to fit specific assignments; and
(3) when a unique condition or characteristic affects a subject property, the best thing that you can do in your report is to discuss the issue in plain English and not rely on " boilerplate."

Lastly, these are suggested examples of language only. We are not providing them as legal advice and only you -- the appraiser -- can determine the proper language to use based on the particular facts of your assignment in consultation with your own legal counsel or other professional advisors.

This language is suggested as an Introduction to Limiting Conditions or Explanation in Addendum in order to make the limiting conditions more enforceable in favor of the appraiser. More...
To make limiting conditions and other appraisal terms more effective in reducing an appraiser's liability, this language is suggested for Engagement Letters. More...
Suggested report and correspondence language for Verification of Information Supplied by Others. More...
Suggested report and correspondence language for Vacant Land. More...
Suggested report and correspondence language for Appraiser Is Not a Building Inspector or Engineer. More...