An appraiser must be careful to not disclose what when informing a client of a previous appraisal done on the subject property?

In the context of appraisal practice, maintaining confidentiality is of utmost importance. When an appraiser discloses information about a previous appraisal, they must ensure that sensitive or confidential information from the earlier assignment is not shared. This includes proprietary data, insights derived from the analysis conducted, and any specific instructions or details provided by the previous client.

Confidential information is protected by professional standards and ethical guidelines, such as those outlined by the Uniform Standards of Professional Appraisal Practice (USPAP). This ensures trust in the appraisal process and protects the rights of all parties involved. Disclosing such information could jeopardize the confidentiality obligations that appraisers have toward their clients, potentially impacting their professional reputation and the integrity of future assignments.

While sharing the appraised value, the date of the previous assignment, or even the previous client's identity might be permissible under certain conditions, confidential details are safeguarded to uphold the ethical standards of the profession.