According to ethical standards, an appraiser may share their report with whom?

An appraiser is bound by ethical standards to maintain confidentiality and restrict the dissemination of their appraisals primarily to the client who ordered the appraisal. This ensures that sensitive information, such as property values and market conditions, remains protected, and the interests of the client are prioritized.

The rationale for this is rooted in the appraiser's duty to uphold integrity and fairness in the appraisal process. By sharing the report only with the client, the appraiser avoids potential conflicts of interest or misinterpretations that could arise from broader disclosures. This approach also aligns with the expectations set forth by regulatory bodies and professional organizations, emphasizing the importance of respecting the relationships and agreements made with clients.

While there are circumstances under which an appraiser might share findings with others, such as other appraisers for validation or relevant public parties in a transparent manner, these occurrences typically require explicit consent from the client or must meet regulatory guidelines. Hence, the primary ethical obligation remains to the client.