Why does a hybrid assignment not reduce the appraiser's reporting obligations?
Correct Answer
A) Reporting requirements follow the appraisal, not the method
Why this is correct: Reporting obligations under USPAP (Standard 2) are tied to the appraisal assignment itself, not the inspection method. A hybrid assignment (using third-party data) changes scope disclosures but does not reduce requirements for intended use, definition of value, analysis, or certification. Why the other choices are wrong: Hybrid reports need not be longer. The collector does not countersign the appraisal report. Hybrid assignments do not mandate a Restricted report format. Exam tip: Method affects scope disclosure, but all other USPAP reporting requirements remain intact.
Why This Is the Correct Answer
Why this is correct: Reporting obligations under USPAP (Standard 2) are tied to the appraisal assignment itself, not the inspection method. A hybrid assignment (using third-party data) changes scope disclosures but does not reduce requirements for intended use, definition of value, analysis, or certification. Why the other choices are wrong: Hybrid reports need not be longer. The collector does not countersign the appraisal report. Hybrid assignments do not mandate a Restricted report format. Exam tip: Method affects scope disclosure, but all other USPAP reporting requirements remain intact.
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Which assignment type still requires the appraiser to develop an opinion of value?
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