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| PO Box 1212 Tampa, FL 33601 Pinellas
 ATTENTION Lending Institutions MAI or not to MAI ! Updated June 2006 |
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23.Does the SCOPE OF WORK RULE introduce any new reporting requirements? No. The SCOPE OF WORK RULE does emphasize that the appraiser must report the scope of work performed in the assignment, but this requirement has been in USPAP for many years. The requirement to report the scope of work takes on greater significance because intended users rely on this disclosure to understand the research and analyses performed in the assignment, rather than relying on the simple (and potentially misleading) labels Complete Appraisal and Limited Appraisal. |
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