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APPRAISER ADDENDUM The following is part of the Purchase and Sale Agreement dated between (Buyer) and (Seller) concerning (the Property). 1. Appraiser Criteria. Buyer agrees to ask Buyers lender(s)

How to fill out appraiser criteria addendum 1109

Steps to fill out appraiser criteria addendum 1109:

1. Obtain the appraiser criteria addendum 1109 form from a reliable source. This form is usually provided by the organization or authority that requires it.
2. Read the instructions and guidelines provided with the form carefully. It is important to understand the purpose and requirements of the addendum before completing it.
3. Start by entering the necessary identification information such as your name, contact details, and any other requested personal information.
4. Review the listed criteria in the addendum thoroughly. These criteria may vary depending on the specific application, but generally, they relate to the qualifications, experience, and expertise of the appraiser.
5. Assess each criterion and determine whether you meet the requirement or not. If you meet the criterion, check the corresponding box indicating your compliance. If you do not meet the criterion or if it is not applicable to you, leave it unchecked.
6. Provide any additional information or documentation that may be required to support your compliance with the criteria. This may include certifications, licenses, training certificates, or any other relevant proof of qualifications.
7. Ensure that you have accurately completed all sections and have not missed any criteria or supporting documents that are necessary.
8. Double-check all the information provided for any errors or omissions before submitting the completed addendum.
9. If required, sign and date the addendum form to validate your compliance with the appraiser criteria.
10. Submit the completed appraiser criteria addendum 1109 as per the instructions provided by the organization or authority requesting it.

Who needs appraiser criteria addendum 1109?

The appraiser criteria addendum 1109 is typically required by organizations or authorities involved in the appraisal industry. It is often requested by licensing bodies, professional associations, or financial institutions that require proof of an appraiser's qualifications and adherence to specific criteria. These may include real estate appraisal firms, mortgage lenders, government agencies, or any entity that relies on the expertise of appraisers to evaluate the value of property or assets.

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What is appraiser criteria addendum 1109?

The appraiser criteria addendum 1109 is a form used to provide additional information about the qualifications and criteria used by an appraiser.

Who is required to file appraiser criteria addendum 1109?

Appraisers who are submitting appraisals for certain types of properties are required to file appraiser criteria addendum 1109.

How to fill out appraiser criteria addendum 1109?

The appraiser must fill out the addendum by providing detailed information about their qualifications, experience, and the criteria used in their appraisal.

What is the purpose of appraiser criteria addendum 1109?

The purpose of the appraiser criteria addendum 1109 is to ensure transparency and provide additional information about the appraiser's qualifications and appraisal process.

What information must be reported on appraiser criteria addendum 1109?

The addendum must include information about the appraiser's education, training, licenses, certifications, experience, and any additional criteria used in the appraisal process.