If a client requests a more current valuation on a property that was the subject of a prior assignment, this is a(n) ____________.

When a client requests a more current valuation on a property that has previously been appraised, it constitutes a new assignment. An assignment in the context of appraisal refers to the agreement between the appraiser and the client under which the appraiser conducts a valuation of a property. Since the client is seeking a fresh evaluation, rather than simply obtaining additional information or updates on the previous appraisal, this request necessitates a distinct and separate assignment.

This distinction is important in the appraisal profession as each assignment is defined by specific terms, conditions, and criteria based on the client's immediate needs. A new assignment comes with the opportunity for the appraiser to incorporate any changes that may have occurred in the market or the property itself, ensuring that the valuation reflects the most accurate and current data.

While terms like update assignment or supplemental report are sometimes used in specific contexts, they do not apply here in the same way a new assignment encompasses the complete reevaluation process. An update assignment tends to imply modifications or enhancements to an existing report rather than a new valuation altogether. Understanding these nuances is essential for an appraisal trainee in providing clear and effective client service.