Property Valuation
An appraiser performing a 'drive-by' or exterior-only appraisal produces what type of report?
AA complete appraisal with full value certification
BA restricted use or limited appraisal report✓ Correct
CA broker's price opinion (BPO)
DA desk review appraisal
Explanation
A drive-by (exterior-only) inspection produces a limited appraisal report with restricted use — it does not meet the standards of a complete appraisal because the appraiser has not inspected the interior. Such reports are used by lenders for refinances or portfolio evaluations but have limitations.
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