Publication: Valuation Insights & Perspectives
Publication Date: 01-JAN-07
Delivery: Immediate Online Access
Author: Wiley, Robert C. ; Gaglione, Claudia
Article Excerpt
As appraisal practices become more technologically complex, appraisers are experiencing increased danger of identity theft and forgery.
Imagine being told you're the subject of a lawsuit or state board proceeding about an appraisal that was not even prepared by you. A few years ago, an insured appraiser rarely encountered forgery or altering of their appraisal reports. Today, claims are reported on a regular basis.
Here's how to protect your identity.
License Numbers
Identity theft occurs when another appraiser or some other third party prepares appraisals in your name and with your license number. The perpetrator may select the victim's name and license number randomly. While you must be protective when it comes to the disclosure of your license number, it may be easily available on your state's Web site as well as the Appraisal Subcommittee's online National Registry. Unless required by your state's licensing regulations, do not display your license number on Web sites, business cards, stationery, etc.
The majority of identity theft claims reported arise...
NOTE: All illustrations and photos have been removed from this article.
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