Property Valuation
A Missouri appraiser who uses 'hypothetical conditions' in an appraisal must:
ANot disclose them to avoid confusion
BClearly identify the hypothetical conditions in the report and note they may affect the value✓ Correct
CCharge higher fees
DGet MREC approval
Explanation
USPAP requires appraisers to clearly identify and disclose all hypothetical conditions (assumptions contrary to known fact) in their reports, since they can significantly affect the value opinion.
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