Property Valuation
An appraiser's 'scope of work' decision determines:
AA. The appraiser's fee for the assignment
BB. The type and extent of research and analyses required to produce a credible appraisal for the intended use✓ Correct
CC. The geographic boundaries of the market area
DD. The appraisal deadline
Explanation
The scope of work establishes what the appraiser will do to produce a credible appraisal — what data to collect, which approaches to use, how many comparables to analyze, etc. USPAP requires the scope to be appropriate for the assignment's intended use.
Related Georgia Property Valuation Questions
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