Which statement is TRUE about reviewers and their responsibility regarding the work under review?

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!

Reviewers in the appraisal environment have specific responsibilities when it comes to the work they are reviewing, particularly concerning the acceptance of co-signor responsibility. When a reviewer signs an appraisal report, they are indicating that they take responsibility for the content and conclusions presented in that report. This means that if they choose to sign, they must fully support and accept all the work and findings of the appraiser.

The option stating that reviewers may not sign unless they accept co-signor responsibility accurately reflects this principle. It indicates that signing a report is not merely a ceremonial act; it carries significant implications regarding accountability and ownership of the appraisal work. Therefore, if a reviewer does not agree with the appraisal findings or does not wish to take on co-signor responsibility, they should refrain from signing it altogether.

In other contexts, it is important to note that signing a report is not just a matter of giving a thumbs-up but rather entails professional responsibilities that reviewers must be prepared to manage carefully. This nuanced understanding of the signature reinforces the reviewer's professional duty to ensure accuracy and support in the appraisal process.

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