Terms of Service for Appraisal Services

Welcome to APPRAISEITNOW INC. By accessing or using our appraisal services, you agree to be bound by the following terms and conditions.

Appraisal Process

1. APPRAISEITNOW INC. conducts appraisals through a secure online platform, ensuring a streamlined and efficient process for our clients.

2. Our team of independent, certified appraisers possesses extensive expertise in their respective areas, enabling them to provide accurate and reliable valuations for a wide range of items.

3. Appraisers are assigned to projects based on their knowledge and experience in the relevant field, ensuring that each appraisal is conducted by a qualified professional.

4. The online appraisal process typically involves the following steps:

  a. The client submits an appraisal request, providing necessary information and images.

  b. An appraiser with the appropriate expertise is assigned to the project.

  c. The appraiser reviews the provided information and conducts necessary research.

  d. The appraiser completes the valuation and submits the appraisal report.

  e. APPRAISEITNOW INC. reviews the report for quality assurance purposes.

  f. The final appraisal report is delivered to the client via email or our online platform.

5. In some cases, additional information or clarification may be required from the client during the appraisal process. APPRAISEITNOW INC. will communicate these requirements to the client in a timely manner.

Client Responsibility

1. To ensure the accuracy and reliability of the appraisal, clients must provide all relevant information, photos, and details necessary for our appraisers to conduct a thorough evaluation. This may include, but is not limited to:

  a. A detailed description of the item(s) being appraised

  b. High-quality photographs showing different angles, details, and any relevant markings or signatures

  c. Known history or provenance of the item(s)

  d. Any available documentation, such as previous appraisals, certificates of authenticity, or purchase receipts

2. Clients are expected to provide accurate and truthful information to the best of their knowledge. APPRAISEITNOW INC. is not liable for any inaccuracies resulting from false, misleading, or incomplete information provided by the client.

3. If additional information is requested by the appraiser during the appraisal process, clients are expected to respond promptly to ensure the timely completion of the appraisal.

4. Clients acknowledge that appraisals are conducted based on the information provided at the time of the request. Any changes or additional information provided after the appraisal is completed may require a new appraisal and additional fees.

5. While APPRAISEITNOW INC. strives to complete appraisals in a timely manner, clients understand that delays may occur due to unforeseen circumstances or the need for additional research or information. APPRAISEITNOW INC. will communicate any delays to the client as soon as possible.

Revisions and Liability

1. Revision Policy

Clients have a period of 14 calendar days from the date of the initial appraisal report delivery to request revisions or clarifications to the report.

During this 14-day period, APPRAISEITNOW INC. will provide up to two rounds of revisions at no additional cost, provided that the requested changes are within the scope of the original appraisal assignment.

Revisions requested after the 14-day period will be subject to additional fees, which will be communicated to the client before any work is undertaken.

Revisions requested due to the client providing new or updated information that was not available at the time of the original appraisal may also be subject to additional fees.

2. Limitation of Liability

APPRAISEITNOW INC.'s liability for any claims, damages, or losses arising from the appraisal services provided is strictly limited to the amount of the appraisal fee paid by the client.

In no event shall APPRAISEITNOW INC. be liable for any consequential, incidental, indirect, special, or punitive damages, including but not limited to loss of profits, loss of business opportunity, or loss of reputation, even if advised of the possibility of such damages.

APPRAISEITNOW INC. does not warrant or guarantee the accuracy, completeness, or reliability of any information provided by third parties or public sources used in the preparation of the appraisal report.

The client acknowledges that appraisals are opinions of value based on the appraiser's expertise, research, and analysis of the information provided. As such, APPRAISEITNOW INC. does not guarantee any specific outcome or result based on the appraisal report.

3. Indemnification

The client agrees to indemnify, defend, and hold harmless APPRAISEITNOW INC., its employees, officers, directors, agents, and representatives from any claims, damages, losses, or expenses, including reasonable attorneys' fees, arising from:

    The client's misuse or misrepresentation of the appraisal report.

    Any breach of these Terms of Service by the client.

    Any claims made by third parties in connection with the client's use of the appraisal services or report.

This indemnification obligation shall survive the termination of the appraisal engagement and the client's use of APPRAISEITNOW INC.'s services.

4. Disclaimer of Warranties

APPRAISEITNOW INC. provides its appraisal services on an "as is" and "as available" basis, without any warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

APPRAISEITNOW INC. does not warrant that its services will be uninterrupted, error-free, or free from defects or viruses.

The client uses the appraisal services and relies on the appraisal report at their own risk.

Payment and Refunds

1. Payment for appraisal services is collected upfront unless otherwise agreed upon in writing between APPRAISEITNOW INC. and the client. By engaging our services, you agree to provide payment in full before the commencement of the appraisal process.

2. In rare cases where alternative payment arrangements have been made, the terms of such arrangements will be clearly outlined in a separate written agreement. Failure to adhere to the agreed-upon payment terms may result in the suspension or termination of our services.

3. APPRAISEITNOW INC. does not offer refunds for completed appraisals. Once an appraisal has been delivered to the client, the service is considered rendered, and no refunds will be issued.

4. If a client believes that an appraisal contains errors or omissions, they may request revisions as outlined in the "Revisions and Liability" section of these Terms of Service. However, such revision requests do not qualify for a refund.

5. In the event that APPRAISEITNOW INC. is unable to complete an appraisal due to circumstances beyond our control, such as the client's failure to provide necessary information or the unavailability of key resources, we reserve the right to charge a partial fee for the work completed up to that point.

6. APPRAISEITNOW INC. reserves the right to modify its fees and payment policies at any time. Any changes will be communicated to clients in advance and will not affect appraisals already in progress or completed.

Intellectual Property

1. All appraisal reports, analyses, data, and related materials (collectively, "Appraisal Materials") created and provided by APPRAISEITNOW INC. are the exclusive intellectual property of APPRAISEITNOW INC. This includes, but is not limited to, the content, format, layout, design, and presentation of the Appraisal Materials.

2. By engaging our services, clients acknowledge and agree that APPRAISEITNOW INC. retains full ownership rights and control over all Appraisal Materials. Clients are granted a limited, non-exclusive, non-transferable license to use the Appraisal Materials solely for their intended purpose, as agreed upon with APPRAISEITNOW INC.

3. Clients may not modify, resell, copy, reproduce, distribute, or create derivative works from the Appraisal Materials without the express written consent of APPRAISEITNOW INC. This prohibition applies to both physical and digital forms of the Appraisal Materials.

4. Unauthorized use of Appraisal Materials may constitute copyright infringement and result in legal action. APPRAISEITNOW INC. reserves the right to pursue all available legal remedies to protect its intellectual property rights.

5. Clients agree to maintain the confidentiality of the Appraisal Materials and shall not disclose or share them with third parties without prior written permission from APPRAISEITNOW INC. This obligation of confidentiality shall survive the termination of the appraisal engagement.

6. If a client requires the use of Appraisal Materials for purposes beyond the scope of the original agreement, they must obtain written permission from APPRAISEITNOW INC. Additional fees may apply for extended usage rights.

7. APPRAISEITNOW INC. reserves the right to use non-confidential information from the Appraisal Materials for promotional, educational, or research purposes, provided that no client-specific identifying information is disclosed.

8. The intellectual property provisions set forth in these Terms of Service shall remain in effect indefinitely, even after the conclusion of the appraisal engagement or termination of the client relationship.

Limitations

1. APPRAISEITNOW INC. provides professional appraisal services and does not offer legal, tax, or investment advice. Our appraisals should not be construed as such. Clients are solely responsible for seeking the advice of qualified legal, tax, and financial professionals for any matters related to the appraisal or the appraised property.

2. The appraisals conducted by APPRAISEITNOW INC. are opinions of value based on the information provided by the client, market conditions, and the appraiser's expertise at the time of the appraisal. These opinions are not guarantees of current or future market value, sale price, or any other financial outcome related to the appraised property.

3. Clients acknowledge that market conditions, property conditions, and other factors may change over time, affecting the relevance and accuracy of the appraisal. APPRAISEITNOW INC. is not responsible for any changes in value or marketability that occur after the appraisal date.

4. APPRAISEITNOW INC. does not guarantee the sale, purchase, or financing of any property based on our appraisals. The appraisals are intended to provide an informed opinion of value and should not be the sole basis for any financial or real estate decisions.

5. Clients are responsible for independently verifying any information provided in the appraisal reports, including but not limited to property measurements, zoning, permits, and legal descriptions. APPRAISEITNOW INC. is not liable for any errors or omissions in information obtained from public records or third-party sources.

6. APPRAISEITNOW INC.'s appraisals are prepared for the specific client and intended use stated in the report. The appraisals are not intended for use by any other parties or for any other purposes without the express written consent of APPRAISEITNOW INC.

7. Clients agree to indemnify and hold harmless APPRAISEITNOW INC., its employees, and appraisers from any claims, damages, or losses arising from the client's use of the appraisal reports or any reliance on the appraisal by third parties not authorized by APPRAISEITNOW INC.

Dispute Resolution

1. Good Faith Negotiation

If a dispute arises out of or relates to these Terms of Service or the appraisal services provided by APPRAISEITNOW INC., the parties agree to first attempt to resolve the dispute through good faith negotiations.

Both parties agree to meet, either in person or via video conference, within 15 business days of receiving written notice of a dispute from the other party. During this meeting, the parties will make a good faith effort to resolve the dispute in a mutually satisfactory manner.

2. Mediation

If the parties are unable to resolve the dispute through good faith negotiations within 30 days of the initial written notice, they agree to submit the dispute to mediation under the rules of the American Arbitration Association (AAA).

The mediation will take place in New York, New York, unless otherwise agreed upon by both parties in writing.

The parties will share the costs of mediation equally, but each party will bear its own legal fees and expenses related to the mediation.

3. Arbitration

If mediation does not resolve the dispute within 60 days from the date of the initial mediation session, the parties agree to submit the dispute to final and binding arbitration.

The arbitration will be conducted by a single arbitrator in accordance with the Commercial Arbitration Rules of the American Arbitration Association (AAA).

The arbitration will take place in New York, New York, unless otherwise agreed upon by both parties in writing.

The arbitrator will have the authority to grant any remedy or relief that would be available in a court of law, including injunctive relief. The arbitrator's decision will be final and binding on both parties, and judgment on the award may be entered in any court of competent jurisdiction.

The costs of arbitration, including the arbitrator's fees, will be shared equally by the parties, but each party will bear its own legal fees and expenses related to the arbitration.

Contact Information

For any questions or concerns regarding these Terms of Service, please contact our customer support team at info@appraiseitnow.com.

By engaging APPRAISEITNOW INC.'s services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.