Property Valuation
In New York, a 'desk review appraisal' is:
AAn appraisal performed entirely from public records without a site inspection
BA review of an existing appraisal performed by a second appraiser to assess its quality and credibility, typically performed from the office without a property inspection✓ Correct
CAn automated valuation model (AVM) generated by a computer algorithm
DAn appraisal limited to the interior of the subject property only
Explanation
A desk review appraisal (or desk review) is a quality review of a previously completed appraisal report, performed by a reviewing appraiser from their office (desk) using the original report and available data, without visiting the property. It assesses whether the original appraisal's methodology, data, and conclusions are reasonable and compliant with USPAP.
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