What would NOT be an appropriate arrangement for a workfile when multiple appraisers are involved?

The arrangement where the workfile is publicly accessible online would not be appropriate, especially when multiple appraisers are involved. Confidentiality and data security are paramount in appraisal practice, as workfiles often contain sensitive information about property valuations, personal data, and proprietary analysis.

Maintaining workfiles as confidential and secure ensures that important details are not disclosed to unauthorized parties, preserving the integrity of the appraisal process. Sharing workfiles in a controlled manner promotes collaboration while still protecting the sensitive information each appraiser has contributed.

Furthermore, allowing each appraiser to maintain their own records fosters individual accountability and aligns with standards that emphasize the importance of maintaining personal workfiles that document their appraisal approach and decisions. The arrangement that makes workfiles publicly accessible contradicts these principles, risking potential misuse of data and breaches of confidentiality.