letter report

Definition

A short appraisal report limited to property characteristics, valuation, and recommendation; a report by a title company as to the condition of the title on a specific date. A letter report gives no insurance on that title.

Use letter report in a sentence

The letter report was detailed, written well and was very clear and I was very happy with it and everything.

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You should try and make sure that you understand everything in your letter report and try to improve on your weaknesses.

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The letter report included a brief condition and analysis for the given date, although, it expanded far beyond the needed appraisal for the property.

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