What must be inserted into the workfile if a reviewer provides an oral report of an appraisal review?

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In the context of appraisal reviews, if a reviewer delivers an oral report, it is essential for certain documentation to be included in the workfile to ensure compliance with the Uniform Standards of Professional Appraisal Practice (USPAP). The correct inclusion in this case is written documentation of the review. This serves to support the findings of the appraisal review and maintain a record of the review process, including the information discussed, evaluations made, and any other pertinent details.

While a signed certification might be a critical component for certain appraisal engagements, it does not specifically pertain to the incorporation of a reviewer's oral report. Instead, the focus is on having a comprehensive written record that captures the key points from the reviewer's oral feedback. This written documentation will be crucial in substantiating the appraisal review and can serve as a reference for future assessments or audits, ensuring transparency and accountability in the appraisal process.

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