Property Valuation
An Arizona appraiser who provides an appraisal report that omits negative information to help a transaction close is committing:
AA business courtesy
BAppraisal fraud—a violation of USPAP and potentially federal bank fraud laws✓ Correct
CA minor compliance issue
DAdvocacy for their client
Explanation
Omitting negative information to influence a lending decision is appraisal fraud—a serious USPAP violation and potentially a federal bank fraud crime. Appraisers must provide honest, complete, and unbiased opinions.
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