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Home / News / Appraiser Held Not Liable For Report To Prior Homeowner (access required)

Appraiser Held Not Liable For Report To Prior Homeowner (access required)

The liability of an appraiser who prepared a faulty report for a homeowner does not extend to a subsequent buyer who relied on it, the North Carolina Court of Appeals ruled Jan 21. The case is Ballance v. Rhinehart (North Carolina Lawyers Weekly No. NA0215 - 8 pages). The Appeals Court upheld a 12(b)(6) dismissal of the ...

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