Sample Engagement Letter Template printable pdf download

SAMPLE ENGAGEMENT LETTER

(Date)

(Client name & Address)

RE: Appraisal of ____________________

Dear __________________:

Pursuant to your request, the following agreement is proposed for appraisal of the

property located at __________________________________.

The appraisal will be prepared for (client named above) and is for the sole exclusive

use by the previously named client. . We request that you obtain our written

authorization before releasing the report, or any part thereof, to any other party, as

it may contain certain privileged information or “trade secrets relating to certain

financial information”.

The purpose of this report is to provide an accurate and credible opinion of market

value of the subject property. The proper definition of market value is to be

supplied by (client named above). The legal rights of the property appraised will be

identified as the (fee simple/leasehold/etc.) interest. The property will be valued

using current market data as of (date).

The appraisal will be developed and the report will be prepared in accordance with

the Uniform Standards of Professional Appraisal Practice (USPAP) and any specific

Supplemental Laws and Regulations pertaining to this assignment as of the effective

date of the appraisal. Attached to this letter you will find a copy of our Statement of

Limiting Conditions and Appraiser’s Certifications which are attached to all of our

appraisal reports. Please review each attached page and return the executed copy to

us indicating your acceptance and approval of the Limiting Conditions and

Appraiser’s Certifications. If applicable, a copy of the appraiser’s privacy policy is

also attached for your review.

We specifically request that you provide us with your additional requirements

necessary to satisfactorily complete this assignment. Again, we request that you

provide your specific definition of market value for the development of this

appraisal.

The estimated completion date of the appraisal is (date). We can only complete the

appraisal by this date if we receive from you in a timely manner all relevant

information needed for the development of the appraisal. In order to complete this

appraisal, the following information will be needed: (list all information required

i.e.: intended use, intended users, address and legal description of the property,

etc.).

Sample Engagement Letter Template