Uniform Standards of Professional Appraisal Practice (USPAP) Practice Exam 2025 - Free USPAP Practice Questions and Study Guide

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Question: 1 / 415

What is the main goal of an appraisal review?

To generate a new appraisal document

To assess and critique the original appraisal's findings

The main goal of an appraisal review is to assess and critique the original appraisal's findings. This process involves examining the methodologies, data, and conclusions presented in the appraisal to ensure that they align with established standards and regulations, such as those set forth by USPAP.

In an appraisal review, the reviewer investigates whether the appraiser followed appropriate procedures, made sound judgments, and provided adequate support for their conclusions. This critical evaluation helps to identify any potential errors or biases in the original appraisal, thereby enhancing the credibility and reliability of the appraisal findings. The focus is on ensuring quality and accuracy, rather than generating a new appraisal or altering the original appraiser's opinion, which distinguishes the review process from other appraisal-related activities.

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To maintain the original appraiser's opinion as correct

To update the appraisal techniques used

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