Property Valuation
A Mississippi appraisal report's 'effective date of appraisal' is the date:
AThe appraiser signed the report
BAs of which the value opinion applies✓ Correct
CThe client ordered the appraisal
DThe report was delivered to the lender
Explanation
The effective date is the specific date as of which the appraiser's value opinion is rendered. It may differ from the report date (when the appraiser signed it), particularly for retrospective or prospective appraisals.
Related Mississippi Property Valuation Questions
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