An appraiser completes an appraisal and transmits the report to the client. The report copy retained in the appraiser's workfile does not have a signature affixed to it. Is this permissible under USPAP?

• A. Yes
• B. No, a true copy must include a signature
• C. Only if the client approves
• D. Only if the report was delivered electronically

Answer: (B)

USPAP requires that the copy of the appraisal report kept in the appraiser’s workfile be a true copy of the report that was transmitted to the client, and it must bear the appraiser’s signature or other authentication. The signature shows who is responsible for the content and conclusions, providing credibility and a clear link between the report and the author.

If the workfile copy lacks a signature, it isn’t a complete, properly authenticated copy, which means it does not meet USPAP retention requirements. Whether the report was delivered on paper or electronically doesn’t change this need—the signature or an acceptable electronic authentication must be present on the retained copy.