5.01 Key Issues in Valuators’ Reports
There are some key, overriding issues in valuators’ reports that should be considered before getting into the details. These issues govern the whole report and a misunderstanding at this level could skew a reader’s overall understanding of the report.
These issues are dealt with in the sections that follow:
- Purpose of the report
- Valuation date
- Scope (i.e. level of detail)
- Restrictions on use of the report
Be sure to review these sections of a valuator’s report before proceeding to other sections.