When an appraiser has performed an appraisal of a property in the last three years, what must they disclose?

When an appraiser has performed an appraisal of a property in the last three years, they are required to disclose potential conflicts of interest. This requirement is in place to ensure transparency and maintain the integrity of the appraisal process. By disclosing any potential conflicts, the appraiser allows the parties involved to understand if their judgment may be influenced by relationships or financial interests that could affect the appraisal outcome. This is vital in maintaining trust in the appraisal process.

The other aspects, such as previous appraisal findings, previous appraisal date, or confidential details from prior clients, are not required disclosures in this context. Disclosing previous findings or dates could lead to the potential misinterpretation of past appraisals, and confidentiality must be maintained with regard to details from prior clients to protect sensitive information. Thus, the focus is squarely on the necessity of addressing potential conflicts of interest to ensure ethical standards are upheld.