How is intended use identified by an appraiser?

The identification of intended use is primarily achieved through communication with the client. This process involves direct discussions where the appraiser engages with the client to understand the specific purpose of the appraisal. The intended use refers to the objective for which the appraisal is being conducted, such as for loan underwriting, property tax assessment, or litigation purposes.

By clarifying the client’s needs and expectations, the appraiser can tailor the appraisal report accordingly, ensuring that it is relevant and meets the desired objectives. Understanding the intended use helps in determining appropriate methodologies, the level of detail required in the report, and the relevant market data to be analyzed. This communication is crucial as it lays the groundwork for the entire appraisal process, ensuring that the appraiser provides a service that aligns with the client's goals.