Which statement about alternative inspection methods is correct?
Correct Answer
C) Their adequacy depends on the assignment
Why this is correct: USPAP does not prescribe specific methods; the appraiser must determine if the method is adequate for the assignment's intended use and yields credible results. Why the other choices are wrong: "USPAP lists the methods that are acceptable" is false; USPAP is flexible. "They are permitted only for residential property" is incorrect; they can be used for various property types if appropriate. "They require a waiver from the state board" is not a USPAP requirement. Exam tip: The key is whether the inspection method provides credible results for that specific assignment, not a predefined list.
Why This Is the Correct Answer
Why this is correct: USPAP does not prescribe specific methods; the appraiser must determine if the method is adequate for the assignment's intended use and yields credible results. Why the other choices are wrong: "USPAP lists the methods that are acceptable" is false; USPAP is flexible. "They are permitted only for residential property" is incorrect; they can be used for various property types if appropriate. "They require a waiver from the state board" is not a USPAP requirement. Exam tip: The key is whether the inspection method provides credible results for that specific assignment, not a predefined list.
More Emerging Methods Questions
How does an alternative inspection method affect the appraiser's disclosure obligations?
A collector's photographs show a condition the appraiser believes needs specialist assessment. What is the appropriate step?
What responsibility does an appraiser retain for an error originating in a third-party database?
Under current USPAP guidance, what is the output of an automated valuation model before an appraiser analyzes it?
Which assignment type still requires the appraiser to develop an opinion of value?
A model returns an estimate far from the appraiser's own conclusion. What is the appropriate response?
What does it mean that a tool cannot comply with USPAP?
An appraiser is asked to review an assignment where an AVM supplied the value. What does the review examine?
Why is the date a data extract was pulled worth recording in the workfile?
A desktop appraisal is best described as an assignment completed how?
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