What is typically found in the introductory portions of an appraisal report?

The introductory portions of an appraisal report are designed to provide a concise overview of the property being appraised and the key findings of the appraisal. A summary of important facts and conclusions is particularly crucial as it sets the stage for the detailed analysis that follows. This section typically highlights vital information such as the purpose of the appraisal, the effective date of the report, and the overall conclusions regarding the valuation.

While lists of comparable sales and breakdowns of depreciation estimates are significant components of the appraisal process, they are usually found in the detailed sections of the report rather than in the introduction. The introductory section is focused more on summarizing the outcomes rather than delving into the data or methodologies used. Thus, the choice that emphasizes summarization aligns perfectly with the function of this part of the report.