What is the primary goal of an appraisal review according to USPAP?

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The primary goal of an appraisal review, according to the Uniform Standards of Professional Appraisal Practice (USPAP), is to assess the quality and credibility of the appraisal. This involves examining the original appraisal report to determine if it adheres to USPAP standards, evaluates the methodologies used, and checks the data and conclusions drawn by the appraiser. The review process ensures that the appraisal is objective, credible, and compliant with industry standards, thus providing assurance to users of the appraisal regarding its reliability.

While the other options involve aspects related to appraisals, they do not encapsulate the main function of an appraisal review as defined by USPAP. Validating the original appraisal conclusion or providing a new property valuation might be considerations in certain contexts, but these tasks are distinct from the review process itself. Ensuring compliance with state regulations is important, but the review is primarily focused on assessing the appraisal's quality and credibility rather than regulatory compliance alone.

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