Illustrations (AO-26)

Question #1

An appraiser was engaged by Client A to appraise a property.  The appraiser delivered the appraisal report to Client A. The client has decided not to pursue the transaction that generated the need for the appraisal report.  The appraiser is contacted by Client B. Client B requests that the original report be readdressed (transferred) by replacing Client A’s name with Client B’s name in the report.   Is this acceptable?

 

Answer

 

 

Question #2

How can this circumstance be handled according to Standards?

 

Answer

 

 

Question #3

Why might Client B want their name on the report that was completed for Client A?

 

Answer

 

  

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USPAP 2008–2009 Edition
©The Appraisal Foundation