Which part of the appraisal report differs from the reviewer's findings?

The summary of findings in an appraisal report presents the appraiser's conclusions and interpretations based on the data and analysis conducted during the appraisal process. This section synthesizes the key components of the appraisal, including the estimated value of the property, support for that value, and considerations that may have influenced the final conclusion.

When a review is conducted, the reviewer evaluates the appraisal report to ensure that it adheres to relevant standards and requirements. If there are discrepancies or differences in interpretation of the data or methods used, the reviewer's findings may differ significantly from those in the summary of findings. The reviewer might challenge the validity of the conclusions drawn by the appraiser based on how the data was assessed or weighted.

In contrast, the scope of work describes the tasks and responsibilities involved in the appraisal process and is generally agreed upon by both the appraiser and the client at the start. Licensing information pertains to the qualifications and certifications of the appraiser and does not change through the review process. The reconciliation of value is a crucial appraisal function where final value conclusions are drawn from multiple approaches, but it aligns more closely with the appraiser's findings rather than representing a differences highlighted in the review.

Thus, the summary of findings is the aspect that can exhibit