Another sign that the market is hot? Calls and emails on the IAR Appraisal Gap Coverage Provision remain steady. Again, we love hearing from you, we just want you to be able to serve your clients the best you can. So, here’s a quick review: This provision says the buyer agrees to cover the gap if the appraisal comes back lower than the purchase price up to a certain dollar amount. Several issues may arise when this provision is in play. Protect your clients with these best practices drafted by IAR attorneys.