In the reviewer's report, where would licensing requirements and geographic competence issues be disclosed?

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The correct answer is the scope of work description, as this section outlines the specific tasks and methodologies employed in the appraisal process. It is crucial for the scope of work to address licensing requirements and geographic competence because these aspects directly impact the validity and legality of the appraisal. By detailing the appraiser's qualifications and familiarity with the relevant market or geographic area, the report establishes credibility and ensures that the appraisal adheres to professional standards and regulations.

In contrast, the introductory remarks typically offer an overview of the report's objectives but do not delve into the specifics of licensing or geographical knowledge. The summary of salient facts highlights key information derived from the analysis rather than the operational competencies required to execute the appraisal. Reconciliation focuses on synthesizing findings from different approaches to value without discussing regulatory adherence or qualifications. Therefore, the scope of work is the most appropriate section for this crucial information.

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