Which phrase implies that a reviewer is expressing a value opinion requiring compliance with STANDARD 1 and STANDARD 4?

The phrase "I concur with the value" indicates the presenter's agreement with the value conclusion of an appraisal report. This expression implies that the reviewer has analyzed the report—considering the data, methodologies, and the context provided in the appraisal—and has determined that the value opinion is valid and appropriately supported.

This aligns with STANDARD 1, which concerns the development of a credible appraisal, and STANDARD 4, which focuses on the reporting of the appraisal in a clear and substantiated manner. By agreeing with the value, the reviewer indicates that the appraisal process followed appropriate methodologies and adhered to relevant appraisal principles and standards. This endorsement is significant as it highlights compliance with recognized standards in the appraisal profession, confirming that the value conclusion stands on firm ground.

The other phrases do not inherently convey compliance with the standards in the same way. For instance, expressing acceptance of an appraisal report could imply acknowledgment but does not necessarily evaluate the quality of the underlying data or methodology. Similarly, rejecting a value conclusion clearly discloses issues but does not demonstrate adherence to the standards, and stating that the report is adequately supported does not explicitly indicate agreement with the final value, instead suggesting that more information is acceptable.