Answers
Sep 15, 2018 - 05:19 AM
The appraiser has the same appraiser-client confidentiality obligations he or she would have when performing any assignment. That is, the appraiser cannot communicate assignment results or confidential information (both, as defined in USPAP) from a previous assignment without permission from the client. Having said that, it's certainly possible to perform such an assignment without the need to communicate prior assignment results or confidential information.
It's also important to remember that, as with all new assignments, the appraiser must disclose prior services performed on the property within the previous three years. So although the new client is likely aware the appraiser performed a previous appraisal on the property, the appraiser must still satisfy the disclosure obligations in the Conduct section of the ETHICS RULE.
It's also important to remember that, as with all new assignments, the appraiser must disclose prior services performed on the property within the previous three years. So although the new client is likely aware the appraiser performed a previous appraisal on the property, the appraiser must still satisfy the disclosure obligations in the Conduct section of the ETHICS RULE.
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