Illustrations (A0-2)

1. I have been asked to appraise a single-family home based on an exterior-only inspection from the street.  What are my development and reporting obligations?
   
   
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2. A dealer has asked me to appraise a Rolex watch. I will not be provided access to the piece.  However, I have been given the serial number, a copy of an authenticity certificate and several recent photographs of the watch. Can I develop an appraisal based solely on this information?
   
   
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3. I have been contacted by a property owner who is being transferred by his company to another city.  The owner indicated that while he might want a “detailed appraisal” later, right now he only needs a rough idea of the value of the residence to begin negotiations related to the relocation.  The owner has asked me to perform a “desktop” appraisal (i.e., an appraisal with no inspection of the property). I believe that, given this intended use, credible assignment results can be developed without an inspection. Is this permitted under USPAP?
   
   
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