An appraiser applies an electronic signature to a report. What obligation accompanies this?
Correct Answer
A) The appraiser must retain sole control of its use
Why this is correct: An electronic signature carries the same legal and professional responsibility as a handwritten signature. Therefore, the appraiser must retain sole control over its use to ensure it is only applied to reports they have personally reviewed and approved. Why the other choices are wrong: A handwritten signature must also be provided is not required; electronic signatures are permissible. The client must countersign the completed report is not a USPAP requirement for the appraiser's signature. Electronic signatures require state pre-approval is generally false; states typically accept them if they meet security standards. Exam tip: You are responsible for your signature. Keep it secure and under your control.
Why This Is the Correct Answer
Why this is correct: An electronic signature carries the same legal and professional responsibility as a handwritten signature. Therefore, the appraiser must retain sole control over its use to ensure it is only applied to reports they have personally reviewed and approved. Why the other choices are wrong: A handwritten signature must also be provided is not required; electronic signatures are permissible. The client must countersign the completed report is not a USPAP requirement for the appraiser's signature. Electronic signatures require state pre-approval is generally false; states typically accept them if they meet security standards. Exam tip: You are responsible for your signature. Keep it secure and under your control.
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