Terms & Conditions
Legal Disclaimer
The mission of the Colorado Coalition of Appraisers is to promote public trust in the Appraisal profession by: Influencing the legislative and regulatory process; representing the profession’s consensus on issues affecting Colorado’s appraisers; providing a liaison between the Appraisal profession and legislative and regulatory bodies.
Terms & Conditions - the basics
The establishment and implementation of Terms and Conditions (“T&C”) are crucial for maintaining ethical standards and professionalism in the appraisal profession. These legally binding terms define the boundaries governing the activities of appraisers and their clients. T&C should be tailored to the specific needs and nature of each appraisal practice, ensuring transparency and legal compliance.
What to include in the T&C document
In the realm of appraisals, T&C often address various critical aspects such as professional conduct guidelines, client confidentiality, disclosure of potential conflicts of interest, payment terms, disclaimers, and the appraiser's responsibilities. An effective T&C document plays a vital role in upholding the integrity of the appraisal profession and protecting the interests of both the appraiser and the clients.