Property Valuation
A North Dakota appraiser developing a 'restricted appraisal report' is providing:
AA full narrative appraisal with extensive documentation
BA brief report with limited presentation of information, intended for the client's use only✓ Correct
CAn illegal report form under USPAP
DA government-mandated report type
Explanation
A Restricted Appraisal Report under USPAP is a limited report that provides minimum information and is intended only for the client, who has sufficient knowledge to understand the report without detailed explanations.
Related North Dakota Property Valuation Questions
- An appraiser makes a negative (-$8,000) adjustment to a comparable. This means:
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- External (economic) obsolescence is caused by:
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