An appraiser finds a public records file that omits a recent addition to the subject. What does this illustrate?
Correct Answer
A) That public records may lag physical changes
Why this is correct: The governing concept is that public records, such as assessor databases, are not real-time updates. They often lag behind physical changes to a property due to administrative processing delays. Finding a discrepancy does not automatically imply the addition was unpermitted; it simply highlights the need for independent verification. Why the other choices are wrong: "That the addition must have been unpermitted" is incorrect because a lag does not prove lack of permits; further research is needed. "That public records may not be used as a source" is incorrect because they can be used but must be verified. "That the assessor is required to correct the file" is incorrect because while assessors update records, there is no immediate requirement, and the appraiser's duty is to verify independently. Exam tip: Treat public records as a starting point, not definitive; always verify physical characteristics through inspection or other means.
Why This Is the Correct Answer
Why this is correct: The governing concept is that public records, such as assessor databases, are not real-time updates. They often lag behind physical changes to a property due to administrative processing delays. Finding a discrepancy does not automatically imply the addition was unpermitted; it simply highlights the need for independent verification. Why the other choices are wrong: "That the addition must have been unpermitted" is incorrect because a lag does not prove lack of permits; further research is needed. "That public records may not be used as a source" is incorrect because they can be used but must be verified. "That the assessor is required to correct the file" is incorrect because while assessors update records, there is no immediate requirement, and the appraiser's duty is to verify independently. Exam tip: Treat public records as a starting point, not definitive; always verify physical characteristics through inspection or other means.
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