Most appraisers would say that report writing is one of the most important functions that they perform.Assume that an appraiser is putting together a report for a major income-producing property.Which of the following reporting options would be the most appropriate?
A)Self-contained appraisal report
B)Summary appraisal report
C)Restricted appraisal report
D)Oral appraisal report

Question

Quizplus · Accepted Answer

A self-contained appraisal report would be the most appropriate choice for a major income-producing property because it provides the most comprehensive and detailed information about the property and the appraisal process. A summary appraisal report would not provide enough detail for such a complex property, a restricted appraisal report would be too limited in scope, and an oral appraisal report would not provide a written record of the appraisal.

Most Appraisers Would Say That Report Writing Is One of the Most