An appraiser must disclose any service he or she provided regarding the subject property for a period of ________ prior to agreeing to perform the assignment.

Study for the McKissock 15hr National USPAP Test. Use flashcards and multiple-choice questions with hints and explanations. Get ahead in your appraisal career!

Multiple Choice

An appraiser must disclose any service he or she provided regarding the subject property for a period of ________ prior to agreeing to perform the assignment.

Explanation:
USPAP requires you to disclose any service you’ve provided regarding the subject property within the three years before you agree to take on the current assignment. This keeps the client informed about recent involvement that could affect your impartiality, so they can judge whether your current work might be biased by prior work. The window covers a practical, recent period for which prior opinions or consulting could reasonably influence the appraisal, while not dragging in distant history. If you previously did a market analysis, consulting, or another appraisal for the property within the past three years, that must be disclosed before starting the new assignment. A shorter window could miss relevant conflicts, while a longer one is less practical for assessing current objectivity.

USPAP requires you to disclose any service you’ve provided regarding the subject property within the three years before you agree to take on the current assignment. This keeps the client informed about recent involvement that could affect your impartiality, so they can judge whether your current work might be biased by prior work. The window covers a practical, recent period for which prior opinions or consulting could reasonably influence the appraisal, while not dragging in distant history. If you previously did a market analysis, consulting, or another appraisal for the property within the past three years, that must be disclosed before starting the new assignment. A shorter window could miss relevant conflicts, while a longer one is less practical for assessing current objectivity.

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