When can a review appraiser use additional information in their assessment?

Study for your USPAP 15-Hour Course Test. Dive into flashcards and multiple choice questions, each equipped with detailed explanations. Prepare effectively for your appraisal certification!

A review appraiser can use additional information in their assessment particularly when that information was not available to the original appraiser. This context is vital because the primary purpose of a review appraisal is to evaluate the appropriateness and accuracy of the original appraisal's conclusions. If new data that could impact the original value or the analysis becomes available only after the original appraisal, it is imperative that the review appraiser considers this to ensure a complete and comprehensive review.

Using information that the original appraiser did not have access to allows the review appraiser to potentially identify previously unseen errors or misjudgments, leading to a more informed and thorough evaluation process. This aspect highlights the evolving nature of appraisals, where additional insights can significantly improve the assessment quality.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy