If an appraiser identifies an additional intended user, what does USPAP state about providing a Restricted Appraisal Report?

When an appraiser identifies an additional intended user, the guidelines set forth by USPAP (Uniform Standards of Professional Appraisal Practice) indicate that a Restricted Appraisal Report would not be appropriate. A Restricted Appraisal Report is designed for a specific user and includes limited information, making it unsuitable for multiple intended users.

If an additional intended user is identified, it generally necessitates a report format that is fully compliant and usable by all intended users. This approach ensures that everyone intended to rely on the appraisal has access to all pertinent details and the findings in a manner that is clear and comprehensive. In contrast, a Restricted Appraisal Report would limit the disclosure of necessary data and conclusions, potentially leading to misunderstandings or misuse by the new intended user. Thus, USPAP clearly communicates that when additional users are involved, a different report format that accommodates the broader audience should be employed.