What is a letter of transmittal in the context of appraisals?

In the context of appraisals, a letter of transmittal serves as a brief communication from the appraiser to the client. This letter typically accompanies the appraisal report and outlines important details such as the purpose of the report, the scope of work conducted during the appraisal, and any specific instructions or notes relevant to the report. The letter is meant to provide clarity and context for the client, ensuring that they fully understand the contents of the appraisal report and any significant findings.

This communication can also serve as a formal introduction, establishing a professional relationship and confirming the appraiser's commitment to delivering high-quality work tailored to the client's needs. By summarizing key information in a concise format, the letter of transmittal enhances the overall effectiveness of the appraisal process and ensures the client is adequately informed.