Communication & Documentation Flashcards
7 cards from real CAR practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Communication & Documentation flashcards as text
A review appraiser is asked to communicate a preliminary finding to the client before the review report is complete. The best practice is to:
Answer: Provide a written preliminary opinion with a clear statement that it may change upon full analysis
If preliminary findings are shared, they should be in writing and clearly noted as subject to change pending completion of the full review.
Which of the following statements about the 'intended use' in a review assignment is correct?
Answer: The intended use must be clearly identified in the review report and drives the scope of work
The intended use must be clearly stated in the review report and is a primary driver of the appropriate scope of work for the review assignment.
When a review appraiser encounters an appraisal that omits required USPAP certifications, this finding should be:
Answer: Documented as a deficiency in the review report
Missing required certifications represent a reportable deficiency that must be documented in the review report as a deviation from USPAP standards.
For a review of a proposed construction appraisal, the reviewer's documentation should specifically address whether the original appraiser:
Answer: Used an as-completed effective date and based value on plans and specifications
Reviews of proposed construction appraisals must confirm that the value is based on a hypothetical as-completed condition using approved plans and specifications as of a prospective effective date.
How should a review appraiser handle a situation where the original appraisal report contains inconsistent data between the grid and the text sections?
Answer: Document the inconsistency and assess its impact on the reliability of the value conclusion
Internal inconsistencies must be documented as deficiencies and the reviewer must assess whether they materially affect the credibility of the value conclusion.
A review appraiser who is also a Certified General Appraiser may review appraisals of which property types?
Answer: All property types, including commercial, industrial, and complex residential
A Certified General Appraiser is qualified to review appraisals of all property types, reflecting the broadest scope of competency recognized under Title XI.
When documenting a review conclusion that supports the original appraiser's value, the reviewer should:
Answer: Provide independent support for the conclusion based on the reviewer's own analysis
Even when the reviewer agrees with the original value, the review report must include independent analysis and reasoning that supports the reviewer's own conclusion.