Which statement about bias in an appraisal assignment is true?

The statement that an appraiser is never permitted to perform an assignment with bias is true because it reflects the ethical standards and professional responsibilities that appraisers must uphold. Appraisal work relies heavily on impartiality and objectivity. Bias can undermine the reliability of the appraisal and lead to unfair valuations that can have significant financial consequences for all parties involved.

In the appraisal profession, it is essential to maintain credibility and objectivity to ensure the integrity of the appraisal process. Allowing bias in any form can compromise the validity of the appraisal outcome, potentially resulting in legal issues or loss of licensure for the appraiser. Adhering to a standard of neutrality is crucial to uphold the principles of fairness and transparency that are foundational to the appraisal profession.

The requirement that an appraiser avoid bias ensures that the valuation process remains trustworthy and that clients and the public can rely on the appraisals produced within the industry.