Acknowledgement of Receipt of Appraisal
What is Acknowledgement of Receipt of Appraisal?
Acknowledgement of Receipt of Appraisal is a letter signed by the loan applicants to acknowledge their receipt of the appraisal report or any other written valuation on the date mentioned in the letter.
What It Means
The letter is used by the mortgage lender as an evidence of the actual receipt of the appraisal by the applicant on the date mentioned in the letter.
- Right to Receive Copy of Appraisal Report: Right to Receive Copy of Appraisal Report is a disclosure informing loan applicants of their right to receive a copy of the appraisal report that was ... Read More
- Appraisal Disclosure: Appraisal Disclosure is a notice in writing of the applicant's right to receive a copy of appraisal report or any other written valuation developed in... Read More
- Appraisal Waiver Letter: Appraisal Waiver Letter is a notice to the lender where the loan applicant waives his/her right to receive the appraisal at least three business days ... Read More
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