Scope of Work (Process)

Question 1

1st step

Answer 1

Once the appraiser has identified the problem to be solved, next is to decide on an acceptable scope of work

Question 2

2nd Step

Answer 2

The appraiser must be able to show that the scope of work is appropriate for developing an appraisal that is credible given its use.

Question 3

3rd Step

Answer 3

Must disclose scope of work in the appraisal report.

Question 4

4th Step

Answer 4

The scope of work decision is an exercise in judgement the appraiser undertakes in the process to solve the client’s problem.