Which of the following must an appraiser do before starting an appraisal assignment?

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Before commencing an appraisal assignment, it is essential for the appraiser to disclose any past services provided concerning the property. This requirement is rooted in the necessity for transparency, which is a fundamental principle of professional conduct in appraisal practice. Disclosing past services helps to manage potential conflicts of interest and ensures that all parties are informed of the appraiser’s previous involvement, thereby fostering trust and credibility.

This disclosure is not merely a formality; it serves to maintain ethical standards and comply with the Uniform Standards of Professional Appraisal Practice (USPAP), which emphasizes the importance of objectivity and independence in the appraisal process. By openly communicating their past services, appraisers further safeguard their professional integrity and uphold the confidence of clients and stakeholders in their evaluations.

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