In communicating an appraisal report, each appraiser must ensure the following:
- That the information analysis contained in the appraisal was appropriate.
- That major errors of omission or commission were not committed individually or collectively.
- That appraisal services were not rendered in a careless or negligent fashion.
- That a credible, defensible appraisal report was communicated.
To become a state Certified appraiser, there are strenuous education requirements as well as on the job experience that must be logged – all with the objective of gaining the skills required to render unbiased value opinions.
Plus, appraisers must obey a meticulous industry code of ethics and comply with national standards of practice for real estate appraisal. The rules for developing an appraisal and reporting its results are guaranteed by enforcement of the Uniform Standards of Professional Appraisal Practice (USPAP).
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