Final answer:
The claim that the URAR form dictates the information given to the appraiser's client is false. The URAR primarily provides standardized reporting for residential property appraisals, but the scope of information supplied is outlined by the appraisal assignment and USPAP standards, not by the form itself.
Step-by-step explanation:
The statement that the URAR form dictates the amount of information to be supplied to the appraiser's client is false. The Uniform Residential Appraisal Report (URAR) is a standard form used by appraisers to report the appraisal of a residential property. The form is designed to provide the necessary information to the lender, not necessarily to the appraiser's client. The level of detail that needs to be provided in an appraisal report is dictated by the appraisal assignment itself and the standards set forth by USPAP (Uniform Standards of Professional Appraisal Practice). The URAR form ensures standardization and consistency in reporting the results of a home appraisal but does not set the scope of information to be provided which is decided by the assignment requirements and applicable regulations.