Can an appraiser retroactively add an intended user after an assignment has been completed?

Can an appraiser retroactively add an intended user after an assignment has been completed?

• A. Yes, with the client's consent
• B. No, it is prohibited by USPAP
• C. Yes, if it aligns with the initial assignment
• D. No, they can only perform a new assignment for that party

Answer: (D)

An appraiser cannot retroactively add an intended user after an assignment has been completed because doing so may compromise the integrity of the appraisal and the credibility of the appraiser. Once an assignment is finished, the appraiser's opinions and conclusions are based on those who were originally intended to rely on the report. Adding an intended user afterward could lead to potential liability issues or misinterpretation of the appraisal's purpose. If a new party or intended user wishes to rely on an appraisal, the proper procedure would require the appraiser to perform a new assignment tailored to that party's needs. This helps ensure that the work is appropriate for the new intended user and that all parties understand the context and limitations of the valuation. Ensuring clarity in who can rely on the appraisal protects the appraiser from any unintended consequences or misuse of the appraisal by parties not originally included in the assignment.

An appraiser cannot retroactively add an intended user after an assignment has been completed because doing so may compromise the integrity of the appraisal and the credibility of the appraiser. Once an assignment is finished, the appraiser's opinions and conclusions are based on those who were originally intended to rely on the report. Adding an intended user afterward could lead to potential liability issues or misinterpretation of the appraisal's purpose.

If a new party or intended user wishes to rely on an appraisal, the proper procedure would require the appraiser to perform a new assignment tailored to that party's needs. This helps ensure that the work is appropriate for the new intended user and that all parties understand the context and limitations of the valuation. Ensuring clarity in who can rely on the appraisal protects the appraiser from any unintended consequences or misuse of the appraisal by parties not originally included in the assignment.