What is the requirement for an appraisal review report?

The requirement for an appraisal review report that it must be separate from the work under review is crucial for maintaining objectivity and ensuring a clear, unbiased assessment of the original appraisal. By creating a separate report, the reviewer can provide a fresh perspective that considers the original appraisal’s methodology, assumptions, and conclusions independently. This separation allows for an effective evaluation of the original work's accuracy without any potential influence or conflict of interest.

In contrast, incorporating the original appraisal report into the review or using the same format might blur the lines between the original analysis and the reviewer's assessment, leading to confusion and reducing the clarity of the review process. Furthermore, while including a summary of findings is important, it does not fulfill the requirement of maintaining a clear distinction between the appraisal and the review. The need for a separate report is a fundamental principle in appraisal reviews to uphold integrity and ensure that any discrepancies or areas for improvement are effectively highlighted.