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Question # 2

An appraiser is asked to perform an assignment on a specialized commercial property type they have never worked with before. According to USPAP, the appraiser should:

Options:

A.

Decline the assignment immediately

B.

Accept the assignment without disclosure

C.

Accept the assignment but disclose lack of competency and take steps to become competent

D.

Refer the assignment to another appraiser and still sign the report

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USPAP Overview

Name USPAP Certified General Appraiser
Code USPAP
Vendor Finance, Insurance and Real Est
Certification Appraiser Qualifications Board (AQB) and The Appraisal Foundation

USPAP Questions