Exposure and Discussion Drafts

To obtain feedback on proposed changes to the Uniform Standards of Professional Appraisal Practice or the Real Property Appraiser Qualification Criteria, the Appraisal Standards Board and Appraiser Qualifications Board issue Exposure Drafts. Additionally, The Appraisal Foundation may seek feedback regarding proposed guidance on valuation methods and techniques. Exposure Drafts always have comment deadlines, and the Boards read and consider each comment received prior to making any changes.

If there are no active exposure draft available, you may always input any comments, questions, and requests for the Boards via this form, including a request for the issuance, amendment, or repeal of a standard/qualification.

Appraisal Standards Board 

Future exposure draft comments can be submitted to https://www.surveymonkey.com/r/ASBComments. For questions, contact [email protected]. 

Past Exposure Drafts

Business Valuation Resource Panel

On March 1, 2024, the BVRP released:

• First Exposure Draft of Proposed Changes to Valuation Brief #3: Professional Interactions Unique to Fair Value for Financial Reporting

The exposure draft comment period ended on March 31, 2024.

Appraiser Qualifications Board

On May 28, 2024 the AQB released:

• Concept Paper - Assessment of College Degree Requirements within the Criteria and Reference Material for the Concept Paper

The comment period is open until July 27, 2024. Comments should be submitted to https://www.surveymonkey.com/r/AQBComments.

For questions, contact [email protected]. 

Past Exposure Drafts

Standards of Conduct and Ethics

In response to concerns raised earlier this year by federal regulators, The Appraisal Foundation has undertaken a comprehensive revision of its ethics policies. You can read the Standards of Conduct and Ethics for Persons Affiliated with The Appraisal Foundation here.

The commend period is open until July 27, 2024. Please comment here: https://app.smartsheet.com/b/form/9a7fc9c4c3864ac59b19f039d3fdd8bb.