Appraisers of residential property:
A) can never be liable to the buyer for a negligent appraisal if the appraisal was required by the lender.
B) cannot be liable to the buyer if the property is secured by a FHA or VA loan.
C) can be liable to the lender for a negligent appraisal since the contract to appraise the property is between the lender and the appraiser.
D) two of the above.(b and c)
Correct Answer:
Verified
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