Is it acceptable for an appraiser to make modifications to reports based on new information after a client review?

The correct response highlights the importance of communication and transparency in the appraisal process. When an appraiser receives new information that could impact the findings or conclusions of the report, it is acceptable to make modifications. However, it is crucial to notify the client about these changes.

Notifying the client ensures that they are aware of any adjustments made to the report, which maintains trust and integrity in the appraisal process. This communication allows the client to understand how the new information may affect the value or conclusions presented in the report. It reinforces the idea that appraising is not just a one-time task but can evolve based on new data.

This approach also aligns with professional standards mandated by the Uniform Standards of Professional Appraisal Practice (USPAP), which encourages adherence to ethical practices and effective communication with clients. The emphasis is on ensuring that clients are fully informed and can make decisions based on the most accurate and current information available.