Property Valuation
Which Massachusetts appraisal report type provides the most comprehensive documentation of the appraisal process?
ARestricted Use Appraisal Report
BSummary Appraisal Report (Form 1004/URAR for residential)✓ Correct
CAppraisal Review
DDrive-by appraisal (Form 2055)
Explanation
For residential properties, the Uniform Residential Appraisal Report (Form 1004/URAR) is the most comprehensive summary report used for most residential mortgage transactions. Restricted Use reports are less detailed and limited to specific users.
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