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URAR 2.15.10 Flashcards

Amanda Ukasick

Created on September 23, 2025

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Which sections are always included in a Completion Report?

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Subject Property, Original Appraisal, Assignment Information, and Certifications Sections

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Fill in the blank: The Itemized List of Repairs in a Completion Report shows __________

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The Itemized List of Repairs in a Completion Report shows REPAIRS REQUIRED IN THE ORIGINAL APPRAISAL AND THEIR STATUS AT THE COMPLETION INSPECTION DATE

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What must an appraiser note in the Completion Status section if a feature does not match the original plans?

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Each feature inconsistent with original plans, including its location, quality comparison, and comments

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In the Intended User section, appraisers may add additional text under what limitation?

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Additional intended user text may be included but must not contradict or duplicate the predefined lender/client text

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During an Appraisal Update, what key market value question must the appraiser answer?

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Whether the market value has declined since the original appraisal’s effective date

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When are photographs required in a Completion Report?

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When construction is complete, to visually document the finished work

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