Is it acceptable for an appraiser to be biased in their appraisal, provided the bias is disclosed?

Study for the IAAO Assessment Administration Specialist (AAS) exam. Engage with flashcards and multiple choice questions, each offering hints and detailed explanations. Prepare thoroughly for your certification!

Bias in appraisal undermines the integrity and objectivity that are essential to the appraisal process. An appraisal should reflect an unbiased opinion of value based on accurate data and ethical standards. Acceptable practice dictates that appraisers maintain impartiality to ensure fairness in property assessments. Disclosing bias does not mitigate its impact; the appraisal should ultimately strive to be free from any potential conflicts of interest or personal prejudices. Therefore, maintaining objectivity is paramount in upholding the reliability and credibility of appraisals within the industry.

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