Property Valuation
A Louisiana appraiser is required to maintain workfiles for a minimum of:
A1 year
B3 years
C5 years from the date of the appraisal report or 2 years after final disposition of legal proceedings, whichever is later✓ Correct
D7 years for all appraisals
Explanation
USPAP requires appraisers to maintain workfiles for a minimum of 5 years from the date of the appraisal report or at least 2 years after final disposition of any judicial proceedings in which the appraiser provided testimony — whichever period expires later.
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