Why is a signed certification included in an appraisal report?

The inclusion of a signed certification in an appraisal report serves to acknowledge the appraiser's ethical obligations. This certification is a critical component of the appraisal as it signifies that the appraiser has adhered to the applicable standards and ethical practices outlined in the Uniform Standards of Professional Appraisal Practice (USPAP).

By signing the certification, the appraiser is asserting their commitment to perform the appraisal in a fair, unbiased, and competent manner, thereby upholding the integrity of the appraisal process. This also reinforces the importance of transparency and accountability in the appraisal profession, ensuring that clients and stakeholders can trust that the appraiser has fulfilled their responsibilities according to ethical guidelines.

In contrast, while certain organizations like Fannie Mae may have their specific requirements, a certification serves broader ethical purposes rather than merely satisfying one entity's guidelines. Additionally, the certification does not serve purely as proof of the report's existence or the mental state of the appraiser, but rather emphasizes the responsibility that comes with the appraiser’s role in the valuation process.