Property Valuation
In Kansas, when an appraiser states 'subject to' in their appraisal report, it means:
AThe value is subject to the lender's approval
BThe value is contingent on completion of specified repairs, improvements, or conditions not yet in place✓ Correct
CThe value is subject to the buyer's satisfaction
DThe appraisal is preliminary and not yet certified
Explanation
A 'subject to' appraisal provides a value contingent on completion of specified work — such as repairs, construction, or inspections — that will occur after the date of the appraisal.
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