When an appraisal is transmitted electronically, the appraiser must:
Correct Answer
C) Ensure the transmission preserves the report's integrity
Why this is correct: USPAP's Record Keeping Rule and common professional practice require that an electronically transmitted report must arrive intact and unaltered. The appraiser is responsible for ensuring the report's content and signature are preserved during transmission. Why the other choices are wrong: Delivering a printed copy within thirty days is not a USPAP requirement. Obtaining a wet signature before any electronic delivery is not required; electronic signatures are permitted. Encrypting every report regardless of content is not a blanket USPAP rule, though data security is a general ethical concern. Exam tip: The core duty is integrity of the report in transit. The method must ensure what the client receives is exactly what you signed.
Why This Is the Correct Answer
Why this is correct: USPAP's Record Keeping Rule and common professional practice require that an electronically transmitted report must arrive intact and unaltered. The appraiser is responsible for ensuring the report's content and signature are preserved during transmission. Why the other choices are wrong: Delivering a printed copy within thirty days is not a USPAP requirement. Obtaining a wet signature before any electronic delivery is not required; electronic signatures are permitted. Encrypting every report regardless of content is not a blanket USPAP rule, though data security is a general ethical concern. Exam tip: The core duty is integrity of the report in transit. The method must ensure what the client receives is exactly what you signed.
More USPAP Questions
Which statement best defines a hypothetical condition under USPAP?
According to the Competency Rule, if an appraiser lacks the knowledge and experience to complete an assignment competently, which action is NOT acceptable?
An appraiser runs only the sales comparison approach on a standard tract home and omits the cost and income approaches. Under Standard 1 this is:
A value opinion for a subdivision as if fully built out two years from now is what kind of assignment, and what does it require?
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The certification required by Standards Rule 2-3 must be signed by:
According to Standard 1, when developing an opinion of market value, an appraiser must analyze:
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