§15.14 - Appraisers' Liability
| Jurisdiction | Washington |
§15.14 APPRAISERS' LIABILITY
A real estate appraiser has a duty of care to the person or entity who retained the appraiser. This means that an appraiser who supplies false information or is negligent in gathering the information can be held liable for damages. That liability usually only inures to the person who retained the appraiser. But in a case in which the appraiser was retained by the mortgage guarantor, the Washington Supreme Court ruled that the buyer is among a limited class of persons who...
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