Which statement is TRUE regarding a Recertification of Value?

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The statement that it does not change the effective date of the value is accurate because a Recertification of Value is meant to confirm or update the appraised value as it stands on the original appraisal date, rather than establishing a new effective date for the property’s value.

Recertification is primarily an affirmation that the previously determined value remains valid based on current conditions rather than a fresh appraisal that would necessitate a new effective date. Therefore, the original appraisal's effective date remains intact during this process, allowing for an assessment of the property's value without starting anew in terms of the timing of that value determination.

A recertification typically allows an appraiser to review and validate the previous conclusions drawn in a prior appraisal without re-establishing all parameters that would usually trigger a new appraisal. This helps maintain the continuity and relevance of property valuation in a changing marketplace or circumstances.

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