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

The statement "The value opinion stated is not adequately supported" indicates that the reviewer has not formed their own opinion of value because it suggests a lack of confidence or acceptance of the appraiser's findings. Rather than evaluating the reasoning and data presented in the appraisal report to consider the validity of the value opinion, the reviewer is critiquing its support.

This indicates that instead of actively engaging with the appraisal content and forming an opinion based on the evidence provided, the reviewer is highlighting a perceived deficiency in the appraiser's argumentation. A reviewer must not only assess the findings but also develop their own perspective on the value as derived from the provided evidence.

In comparison, affirming agreement with the appraisal conclusion demonstrates an endorsement of the appraiser's value opinion, while statements about report detail or the sufficiency of evidence suggest alternative focuses that do not directly reflect the absence of a personal value opinion.