What is an acceptable source for an appraiser to obtain relevant physical characteristics of a subject property?

An acceptable source for an appraiser to obtain relevant physical characteristics of a subject property includes information derived from various sources that confirm and support the appraisal process. Each of the provided sources holds value:

• A personal inspection allows the appraiser to observe and assess the property firsthand, noting its condition and specific characteristics that may not be documented elsewhere.

• A legal description recorded in public records provides critical information about the property’s boundaries, location, and sometimes additional details about the land.

• A survey conducted by a professional engineer can give precise measurements and details regarding the property's dimensions, improvements, and particular features.

Since each of these sources contributes uniquely to understanding the subject property, the most accurate assessment is that any or all of these sources would be acceptable. Harnessing multiple data points ensures a thorough and reliable appraisal, underscoring the importance of diverse sources in the overall appraisal process.