Question

Where must the disclosure pertaining to CMAs that begins, "Notwithstanding any language to the contrary contained herein, this Competitive Market Analysis is NOT an appraisal ..." be listed on the CMA?

Answer 1

The disclosure pertaining to CMAs that states it is not an appraisal should be prominently listed on the CMA, such as on the cover page or in a separate section.

Step-by-step explanation:

The disclosure pertaining to CMAs that begins, "Notwithstanding any language to the contrary contained herein, this Competitive Market Analysis is NOT an appraisal ..." must be listed on the CMA in a prominent and easily visible location. One common place to include this disclosure is at the beginning of the CMA report. It could be placed on the cover page or in a separate section specifically dedicated to disclosures.