Which of the following must be included in a true copy of an appraisal report retained in the workfile?

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

Which of the following must be included in a true copy of an appraisal report retained in the workfile?

Explanation:
A true copy kept in the workfile must bear the appraiser’s signature. The signature ties the document to the individual responsible for its content, showing accountability and that the copy is a faithful reproduction of the final report. Notarization isn’t required for a retention copy, and a date alone doesn’t identify who prepared the work or establish responsibility, while client initials don’t convey the appraiser’s authorship. The signature provides the essential link between the appraisal work and the appraiser who prepared it, ensuring authenticity and traceability.

A true copy kept in the workfile must bear the appraiser’s signature. The signature ties the document to the individual responsible for its content, showing accountability and that the copy is a faithful reproduction of the final report. Notarization isn’t required for a retention copy, and a date alone doesn’t identify who prepared the work or establish responsibility, while client initials don’t convey the appraiser’s authorship. The signature provides the essential link between the appraisal work and the appraiser who prepared it, ensuring authenticity and traceability.

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