Property Valuation
In Hawaii, what is the 'final reconciliation' step in the appraisal process?
AA. Reconciling the appraiser's bill with the client
BB. The appraiser's process of weighing each approach to value to arrive at a single final value opinion✓ Correct
CC. Confirming the property address matches county records
DD. Reconciling the appraisal with the purchase price
Explanation
Final reconciliation is where the appraiser weighs the reliability and relevance of each value approach (sales comparison, income, cost) given the property type and market, arriving at a final value conclusion.
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