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An appraisal report must contain all of the following EXCEPT

a. reconciliation of value

b. a copy of the sales contract

c. the date of the appraisal

d. report of final opinion

User Fedepad
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1 Answer

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Final answer:

An appraisal report requires information such as the c. date of the appraisal, d. a report of final opinion, and a. reconciliation of value but does not necessitate inclusion of a copy of the sales contract.

Step-by-step explanation:

An appraisal report must contain a comprehensive analysis of the property being appraised, including the date of the appraisal, a report of final opinion of value, and a reconciliation of value which explains how the appraiser arrived at the final valuation conclusion.

However, it is not necessary for an appraisal report to include a copy of the sales contract. The sales contract is often reviewed during the appraisal process to understand the terms of sale, but it is not a required component of the appraisal report itself.

Instead, the content of the appraisal report should be focused on the appraiser's findings and methods used to determine the property's value.

User Riga
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