Can there be intended users other than the client for a Restricted Use Appraisal Report?

The assertion that intended users must always be the client reflects a fundamental principle in the context of Restricted Use Appraisal Reports. In an appraisal, the client is typically the party who engages the appraiser for a specific purpose, and the report is primarily meant to serve that client's needs and objectives.

Restricted Use Appraisal Reports are designed for a limited audience, usually containing focused information that is tailored to the client's requirements. This limitation on the audience is essential because it impacts the scope of work and the intended use of the appraisal.

Since the report is created specifically for the client’s use, it is not appropriate for intended users beyond the client unless explicitly stated and agreed upon. In cases where other parties might seek to rely on the report, clear communication, authorization, and possible amendments to the report's scope may be necessary to include additional intended users. Thus, the definition of intended users is closely tied to the role of the client, underpinning the exclusive nature of the Restricted Use Appraisal Report.