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USPAP Q&A
These communications by the Appraisal Standards Board (ASB) do not establish new standards or interpret existing standards. The ASB USPAP Q&A is issued to state and territory appraisal regulators to inform all states and territories of the ASB responses to questions raised by regulators and individuals; to illustrate the applicability of the Uniform Standards of Professional Appraisal Practice (USPAP) in specific situations; and, to offer advice from the ASB for the resolution of appraisal issues and problems. The ASB USPAP Q&A do not constitute a legal opinion of the ASB.
For further information regarding USPAP Q&A, please contact:
John S. Brenan, Director of Research & Technical Issues
john@appraisalfoundation.org
(202) 347-7722, ext. 3044
(202) 347-7727, fax
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Recently Added to This Section
2010 Q&A's 1-5
Disclosure of any prior services regarding the subject property, when an appraiser has appraised the property multiple times.
Disclosure of any prior services regarding the subject property, when an appraiser has performed services other than appraisal practice.
Disclosure of any prior services regarding the subject property before accepting an assignment, when the client had previously required an appraiser to sign a confidentiality agreement.
Disclosure of any prior services regarding the subject property before accepting an assignment, when the appraiser only works for one client.
Disclosure requirements when an appraiser has NOT performed services regarding a property in the prior three years.
December 2009 USPAP Q&A
Revision of Previously Published (April 2009) Q&A, Question 4
November 2009 USPAP Q&A
Can an appraisal management company be the client?
January 1, 2010 Change Regarding Restricted Use Appraisal Report
October 2009 USPAP Q&A - Revised
Client Request to Limit Scope of Work to New Client Name
Client Requirement to Disregard Market Value Changes Prior to Effective Date
Client Requirement to Assume No Contamination Exists
Is a “Waiver Valuation” a Jurisdictional Exception?
Client Requirement to Assume No Contamination Exists
September 2009 USPAP Q&A
Appraiser’s Obligations Under the Home Valuation Code of Conduct (HVCC)
Appraiser’s Obligations Under the Home Valuation Code of Conduct (HVCC)
Disposal of Workfiles
Due Process of Law
August 2009 USPAP Q&A
Application of Appraisal Reporting Requirements
Multiple Intended Uses in the Same Appraisal Report
July 2009 USPAP Q&A
Access & Retrieval of Workfiles
Significant Professional Assistance
June 2009 USPAP Q&A
Collecting Fee on Behalf of an AMC
Assignment Conditions, Scope of Work Acceptability, and Geographic Competency
Request to Modify a Completed Appraisal Report
May 2009 USPAP Q&A
Effective Date and the Date of the Report
Relying On the Reports of Others
April 2009 USPAP Q&A
Questions Regarding 2010-11 Revisions to the ETHICS RULE
Copyright 2010, The Appraisal Foundation1155 15th Street NW, Suite 1111, Washington, DC 20005
Phone: 202-347-7722, Fax: 202-347-7727, Web: www.AppraisalFoundation.org