Property Valuation
A North Dakota appraiser must certify in the appraisal report that they have performed an independent analysis. This certification is required by:
AThe federal government only for FHA loans
BUSPAP Standard 2, which requires an Appraiser's Certification in written appraisal reports✓ Correct
CNorth Dakota state law exclusively
DThe NDREC for all property valuations
Explanation
USPAP Standard 2 requires a signed certification in each written appraisal report stating the appraiser's independence, objectivity, and that the analysis was performed without bias. This is a fundamental USPAP requirement.
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