Question
An appraiser is asked to review another appraisers work and give a contemporary value opinion about the subject of the report under review. The review
An appraiser is asked to review another appraisers work and give a contemporary value opinion about the subject of the report under review. The review appraiser
A. Must use the most current market data available in the review of the report and the development of an opinion of value
B. Must use the most current market data available in the development of an opinion of value, but must only use data that would have been available at the time of the appraisal under review when developing an opinion about the quality of another appraisers work
C. Cannot research or even know what happened in a market after the date of the report under review
D. Can have a bias in the review assignment if the scope of work does not include conveying an opinion of value
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