When performing valuation services outside of appraisal practice, an individual must be careful not to ______ the client and other intended users about his or her role.

• A. deceive
• B. mislead
• C. misinform
• D. inform

Answer: (B)

The key idea is to avoid giving clients and other intended users a false impression about what you’re doing. When you’re providing valuation services outside of appraisal practice, you must be careful not to mislead them about your role, scope, or credentials. This means clearly communicating that you are performing a valuation service (not an appraisal) and outlining the limits of your engagement. Clear disclosure helps ensure the client understands what standards apply and what the valuation is intended to represent. Avoid implying you are conducting an appraisal or that you hold appraisal credentials if you don’t, and steer away from any statements that could create a misleading impression about your authority or the nature of the work.