Property Valuation
A Wyoming appraiser performing a 'drive-by' (exterior-only) appraisal is conducting a:
AFull USPAP-compliant appraisal
BLimited appraisal with scope-of-work limitations that may not support all lending decisions✓ Correct
CBroker Price Opinion (BPO)
DComparative Market Analysis (CMA)
Explanation
A drive-by (exterior-only) appraisal is a limited appraisal where the appraiser does not inspect the interior. While USPAP compliant with proper disclosure, it has scope-of-work limitations and may not be acceptable for all lending decisions.
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