Commercial Appraisal Practice Exam 2025 - Free Appraisal Practice Questions and Study Guide

The correct answer relates to USPAP (Uniform Standards of Professional Appraisal Practice) record keeping requirements, which emphasize that appraisers must retain relevant records related to their appraisals and reviews for a specified period. In this case, the option indicating that files can be shredded when the case is resolved after contacting the attorney aligns with these requirements, as it suggests a clear endpoint for the record’s relevance based on the specifics of the case.

According to USPAP, professionals must retain records for a minimum duration to allow for any potential disputes or follow-up that may arise from an appraisal review. Shredding the file when the case is confirmed as resolved indicates an understanding that once all legal obligations have been met and there is no foreseeable need for the documentation, it is acceptable to dispose of the file securely.

The other options present scenarios based on arbitrary timeframes or conditions that do not directly align with the resolution of the case. Therefore, Option C is the most appropriate choice, reflecting the need to retain files until the matter is fully closed.