What should an appraiser consider if they become aware of a change in the intended use of the report?

An appraiser needs to consider whether the extent of the planned development process and report are still appropriate when they become aware of a change in the intended use of the report. This is critical because the intended use can significantly influence the scope of work and the methodologies employed in the appraisal process.

Different intended uses, such as financing, investment analysis, or property tax appeal, may require distinct approaches, levels of detail, and opinions of value. If the intended use changes, the appraiser must evaluate whether their original approach remains valid and whether adjustments need to be made to the analysis, data collection, or reporting format to meet the new objectives.

This careful consideration ensures that the appraisal remains relevant and useful for its intended purpose, thus upholding the professional standards and integrity of the appraisal process. Additionally, it's part of the appraiser's responsibility to deliver a report that aligns with the client's needs, which can vary based on the intended use.