USPAP Practice Exam 2025 – Complete All-in-One Guide to Mastering Professional Appraisal Standards

Question: 1 / 415

What does signing the certification for an Appraisal Review Report indicate?

Acceptance of limited responsibility

Acceptance of results and contents of the report

Signing the certification for an Appraisal Review Report indicates acceptance of the results and contents of the report. This certification serves as a formal acknowledgment by the reviewer that they have evaluated the original appraisal and agree with its findings and conclusions. By signing, the reviewer asserts that they have done their due diligence in reviewing the work and that the report meets the relevant standards and requirements set forth by USPAP.

The certification is a critical component because it conveys to the user of the appraisal review report that the reviewer stands behind the integrity and accuracy of the evaluated appraisal. This responsibility is not just cursory; it involves a thorough review process and professional judgment to ensure that the appraisal meets the necessary criteria.

While other choices may touch on aspects of appraisal review, they do not accurately reflect the specific implications of signing the certification in the context of an Appraisal Review Report. For instance, limited responsibility or general agreement with market trends does not encapsulate the thorough approval process inherent in the review and reporting commitment.

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Approval of all appraisal documents

General agreement with market trends

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