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Otis
Certified Residential
Joined: 11 Aug 2007
Posts: 2899
Location: High and Dry
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 Posted: Mon Oct 01, 2007 4:25 pm Post subject: Claims Do's and Don'ts |
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http://www.liability.com/claim_detail.asp?ClaimID=99
From LIA: | Quote: | Nobody likes being accused of making mistakes. Imagine the panic and fear that an appraiser might feel when served with a lawsuit alleging errors, negligence, misrepresentation and often fraud resulting from his professional services. If you ever find yourself in this position, we advise that you take a deep breath, try not to take the allegations personally and call your insurance company for sound legal advice.
A "claim" does not necessarily start with a lawsuit. Often it begins with a nasty letter or phone call from someone questioning your appraisal or your conduct and asking that you do something or pay them some money.
Sometimes a "claim" begins with a complaint made to the state licensing board. Whoever thinks you made a mistake might want to see what the board thinks before they decide to file a lawsuit. Or, maybe that person or company wants the board to do the investigation so they don’t have to spend the time and money doing it for themselves.
A "claim" might start when the appraiser receives a subpoena to produce documents or to testify at a deposition. The parties to the ongoing lawsuit might want to look through the appraiser`s workfile or ask him a few questions before they decide to add him as a party in the case.
How an appraiser responds to any of the above situations is most important. His comments or conduct could either help to avoid a lawsuit or could virtually guarantee that a lawsuit will follow. |
Follow the link above to get their suggestions.
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Don't believe everything you think 
What are they SMOKING?<<Link
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Jay Trotta
Member
Joined: 12 Aug 2007
Posts: 812
Location: Snowglobe
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| Posted: Wed Oct 03, 2007 6:34 pm Post subject: |
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we practice what they preach and more
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As President Ford said, "A government big enough to give you everything you want, is strong enough to take everything you have."
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