Which part of USPAP must a reviewer satisfy if they have never appraised a property in the geographic area of the subject appraisal?

The correct choice highlights the importance of the Competency Rule outlined in the Uniform Standards of Professional Appraisal Practice (USPAP). This rule mandates that an appraiser must possess the requisite knowledge and skill to competently perform the appraisal assignment. When a reviewer has never appraised a property within the geographic area relevant to the appraisal being reviewed, they must demonstrate competence in that specific market.

This need for competency encompasses an understanding of the local real estate market, economic factors, and property types present in that area. If a reviewer lacks direct experience in the geographic market, they should seek to gain that knowledge or engage someone with the appropriate local expertise, thereby ensuring that their review is thorough, accurate, and credible.

Understanding this rule is critical for maintaining the integrity of the appraisal process, as it ensures that all appraisals, regardless of geographic challenges, are evaluated by individuals who can effectively assess their quality and relevance.