complete appraisal

complete appraisal

An older term rendered obsolete by the July 1,2006,changes to the Uniform Standards of Professional Appraisal Practice,but still frequently encountered.The term used to mean an appraisal that did not resort to using any of the departure provisions of the old rules.Previously, all clients had to be provided with a complete appraisal unless the client signed off and approved a limited appraisal noting specific appraisal methods not employed because they were perhaps not relevant to the specific property.Today, the new scope of work rule allows the appraiser to choose the analytical methods necessary to meet the client's objectives and the scope of work,but the client does not have to approve the methodology.