The client must be the only intended user for:

The correct choice emphasizes that a restricted appraisal report is designed specifically for a single intended user, which is typically the client who requested the report. This type of report usually includes limited information and is tailored to meet the particular needs and requirements of that individual client. It is important to understand that restricted appraisal reports are not meant for distribution beyond the client, as they may not contain comprehensive details that would make sense to an external party without the appropriate context or relationship to the appraisal purpose.

On the other hand, full appraisal reports are intended for a broader audience, often including multiple stakeholders or decision-makers, and provide a comprehensive set of information. Market analyses and comparative market studies are also generally produced for multiple users or for publication, thus not adhering to the restriction that limits the report to only the original client. This distinction underlines the specific nature of restricted appraisal reports compared to other types in the appraisal field.