Property Valuation
A West Virginia appraiser performing a USPAP-compliant appraisal must:
AOnly use the sales comparison approach
BFollow the Uniform Standards of Professional Appraisal Practice regardless of client instructions✓ Correct
CValue the property at the purchase price agreed upon by buyer and seller
DReport the highest possible value to ensure the loan is approved
Explanation
USPAP requires appraisers to develop and communicate opinions of value independently and objectively. Appraisers must follow USPAP regardless of client pressure or expectations about the outcome.
Related West Virginia Property Valuation Questions
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