Which of the following is NOT a common error found in a commercial appraisal report?

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The use of a 2055 form for an interior inspection appraisal is not a common error found in a commercial appraisal report because the 2055 form is specifically designed to facilitate a streamlined evaluation process for properties that may not require a full appraisal. This form allows appraisers to conduct an exterior inspection and utilize data sources to estimate value without conducting a comprehensive interior inspection.

In this context, employing a 2055 form for an appraisal typically suggests an efficient, focused approach to valuation, rather than an oversight or mistake. Proper use of appraisal forms, such as the 2055, depends on the context of the assignment and the specific needs of the client, thus aligning with acceptable appraisal practices.

Conversely, common errors such as inconsistencies in sizes or zoning, lack of meaningful analysis, and failure to identify the typical buyer or tenant can significantly detract from the reliability of an appraisal report. Each of these reflects a fundamental aspect of appraisal standards and thoroughness that ensures the report meets the expectations and needs of stakeholders in a transaction.

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