ZZGAMAZZ
Elite Member
- Joined
- Jul 23, 2007
- Professional Status
- Certified Residential Appraiser
- State
- California
Theoretically speaking . . .
Integral to the definition of an Extraordinary Assumption [EA] is the statement ". . . which, if found to be false . . . "
That having been said, is it possible to apply an EA if the appraiser knows, definitively, that the EA cannot be found to be false? (If for example the only way the EA could be found to be false would be based upon building permits, although an exhaustive review of the property history reveals that contractory permit history does not exist.}
Integral to the definition of an Extraordinary Assumption [EA] is the statement ". . . which, if found to be false . . . "
That having been said, is it possible to apply an EA if the appraiser knows, definitively, that the EA cannot be found to be false? (If for example the only way the EA could be found to be false would be based upon building permits, although an exhaustive review of the property history reveals that contractory permit history does not exist.}