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Answer :
Final answer:
SR 2-2 (a) and SR 2-2 (b) establish the minimum content for an Appraisal Report and a Restricted-Use Appraisal Report, respectively.
Explanation:
The Standards Rule 2-2 is concerned with the establishment of minimum content for different types of Appraisal Reports. In particular, SR 2-2 (a) sets out the minimum content for a standard Appraisal Report. On the other hand, SR 2-2 (b) sets the minimum content for a Restricted-Use Appraisal Report. This type of report has limited content and is restricted in its use since it's intended for a specific audience only and not for a broad range of users.
Standards Rule 2-2 has two subsections: SR 2-2 (a) establishes minimum content for an Appraisal Report, while SR 2-2 (b) establishes minimum content for a Comprehensive Appraisal Report. The Comprehensive Appraisal Report includes a detailed description of the property being appraised, an analysis of comparable properties, and the appraiser's final opinion of value.
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