A signing real-property appraiser relies on analysis performed by others who do not sign the certification. Under USPAP 2024 SR 2-3(b)–(c), which statement correctly describes the signing appraiser’s responsibilities?
Correct Answer
D) The signer is responsible for relying on their work and must have reason to trust it
The signer is responsible for deciding to rely on nonsigners’ work, needs a reasonable basis for their competence and no reason to doubt their work’s credibility. Signing any part also requires certification. These USPAP duties do not automatically allocate civil liability equally among everyone involved.
Why This Is the Correct Answer
The signer is responsible for deciding to rely on nonsigners’ work, needs a reasonable basis for their competence and no reason to doubt their work’s credibility. Signing any part also requires certification. These USPAP duties do not automatically allocate civil liability equally among everyone involved.
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