An appraiser relies on a published capitalization rate survey. What must be considered?

Option B: Whether the survey was published within thirty days

Currency of data matters and a stale rate in a moving market can mislead, so the instinct behind this option is sound. No thirty-day rule exists, however, and surveys are typically published quarterly, so a rigid recency threshold would rule out the entire category of data. Relevance to the subject's segment dominates recency, and where a survey is somewhat dated the appraiser addresses market movement since publication rather than discarding it by the calendar.

Option C: Whether the survey names each contributing investor

Surveys aggregate responses precisely because respondents participate on the condition that individual answers are not attributed, and naming contributors is neither expected nor necessary for the data to be useful. What the appraiser should understand is the survey's methodology, its sample composition, and its definitions, none of which requires individual identities. Candidates pick this by importing a verification standard appropriate to a comparable sale, where confirming with a party to the transaction is genuinely expected.

Option D: Whether the client subscribes to the same survey

The client's subscriptions and preferences have no bearing on whether data is appropriate, and letting a client's familiarity drive data selection would subordinate the analysis to the client's expectations. Intended users do shape scope of work decisions, but that is a different matter from choosing a rate because the client happens to read the same publication. This option quietly invites client influence into a technical judgment.