Property Valuation
In Virginia, an appraiser's certification in the appraisal report includes a statement that they have no:
APrior appraisals of the subject property
BPresent or prospective interest in the property and that the opinion of value is unbiased✓ Correct
CLicense to appraise commercial property
DKnowledge of the property's history
Explanation
USPAP's Certification requires the appraiser to state they have no present or contemplated future interest in the property, that their compensation is not contingent on value conclusion, and that the analysis is unbiased.
Related Virginia Property Valuation Questions
- A Virginia property owner challenges their assessment claiming it is too high. They would file an appeal with the:
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