Property Valuation
A Kentucky appraiser who is appraising a property they have a financial interest in should:
AComplete the appraisal with extra care to be objective
BDisclose the conflict and decline the assignment✓ Correct
CObtain KREC permission to proceed
DComplete the appraisal with a second appraiser for review
Explanation
USPAP requires appraisers to be independent and impartial. An appraiser with a financial interest in a property must disclose the conflict and should decline the assignment to maintain objectivity.
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