Property Valuation
Under USPAP, a Washington appraiser who is related to the property owner by marriage should:
ADisclose the relationship and proceed if the client consents
BDecline the assignment because the relationship creates a bias that cannot be managed✓ Correct
CComplete the appraisal and note the relationship in the certification
DObtain written consent from the lender only
Explanation
USPAP requires appraisers to be independent and impartial. A familial relationship with a party to the transaction creates a conflict of interest that an appraiser cannot ethically overcome.
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