The SCOPE OF WORK RULE provides appraisers with significant flexibility. Along with that flexibility comes:

• A. increased liability
• B. greater accountability
• C. responsibility
• D. expanded scope

Answer: (C)

The key idea here is that the Scope of Work Rule lets an appraiser tailor how much data to gather and what methods to use, based on the assignment’s specifics. That flexibility requires the appraiser to take responsibility for designing a scope that is appropriate to the problem, sufficient to produce credible results, and clearly disclosed in the report. In other words, choosing the right level of work and documenting it is the appraiser’s duty; the credibility of the appraisal rests on owning that scope.

While greater accountability or liability can be related to how well the scope is executed, and expanded scope can occur if the assignment warrants more work, the central effect of the rule is the responsibility the appraiser bears for the scope chosen and for communicating its limits.