Section 2.2
2.2. Appraisal Reports. There are two written reporting options established under USPAP: an appraisal report and a restricted appraisal report. In addition, USPAP permits an appraiser to provide an oral report. For the reasons discussed under Sections 2.2.1 and 2.2.2 below, oral reports and restricted appraisal reports are not permitted under these Standards. The reporting formats set forth under Sections 2.3, 2.4, and 2.5 below are consistent with and/or exceed the requirements for an appraisal report under Standard 2 of USPAP.
