Property Valuation
In Minnesota, an appraiser's certification in the appraisal report confirms that they:
AGuarantee the property will sell for the appraised value
BPersonally inspected the property, have no prohibited interest in the property, and performed the appraisal in compliance with USPAP✓ Correct
CAre licensed to sell real estate in Minnesota
DHave reviewed all previous appraisals of the property
Explanation
The appraiser's certification in a USPAP-compliant appraisal report is a signed statement confirming that: the appraiser personally inspected the property, has no undisclosed interest in the property, the analysis was conducted without bias, and the report complies with USPAP standards. Signing a false certification is grounds for license revocation.
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