35.         REPORTING OF ADVERSE CONDITIONS

 

Question:

I just inspected a property and found an adverse condition.  I informed my client (a bank), and was told not to proceed because the client cannot lend on such property. Under USPAP, am I obligated to inform any other party, such as the city or county health department?

 

Response:

No.

 

 

  TABLE OF CONTENTS

 

 

 

USPAP 2008–2009 Edition
©The Appraisal Foundation