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Question:

An appraiser is hired to appraise a single family residence (SFR) in an older community. The appraiser observes an abandoned industrial plant next door with large tanks for the storage of chemicals and is concerned about contaminants. Of the following choices, which is the appraiser most likely to recommend first?

A A toxic waste report from the environmental protection agency (EPA).
explanation

An appraiser ought to be primarily concerned about whether the property has been contaminated by a leak in any of the chemical storage tanks. A leak of chemicals poses serious health concerns for occupants of neighboring properties, and greatly impacts the value of the property being appraised. Here, a toxic waste report from the environmental protection agency (EPA) is the best way to acquire this information.

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