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Valuation Firm GuideClient Guide
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Replacement Insurance (Insurance Assessment) Critical CheckWe noticed that a number of implementations did not appear to correctly implement replacement insurance transfer. As of 4th July 2010 we'll now be enforcing this for all shortform based reports as a critical check. The Replacement Insurance field will become a mandatory field within Valuation Exchange. The field will be able to accept a numerical entry (1234.56), or text provided by the valuer. It can no longer be empty. We propose the following drop down selections that the valuer can choose to select:
Valuation Firms will need to ensure that this field is a mandatory field for the valuer to complete, otherwise Valuation Exchange will deliver a LIXI Error Message requesting the field prior to the completion of the report. See also Replacement Insurance |
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