Uniform Standards of Professional Appraisal Practice


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Uniform Standards of Professional Appraisal Practice (USPAP)

Requirements of the Appraisal Foundation (www.appraisalfoundation.org) regarding appraisal ethics, record keeping, methodology, research, reporting, and client interaction. The Standards have undergone recent revisions simplifying the appraisal process and conforming its practices to modern realities.

References in periodicals archive ?
ACCETTA, MAI, is a former chair of the Appraisal Standards Board, which is responsible for amending and interpreting the Uniform Standards of Professional Appraisal Practice. He is a Certified USPAP Instructor and an appraisal education developer for the Appraisal Institute, Risk Management Association and MBREA.
2: Long Island Chapter Of the Appraisal Institute will hold the national Uniform Standards of Professional Appraisal Practice (USPAP) 7 hour update course at Citibank Conference Center, 1 Reckson Plaza, Uniondale, from 8:30 am to 5:00 p.m.
* A discussion of generally accepted appraisal standards, including the Uniform Standards of Professional Appraisal Practice;
The Uniform Standards of Professional Appraisal Practice (USPAP) standardized the performance and reporting of business valuations.
For this reason, it's crucial that supervisors require trainees to maintain work files that should be more robust than what's required by the Uniform Standards of Professional Appraisal Practice. Supervisors must have the required access to work files through the duration of the statute of limitations established by states for filing such lawsuits; duration varies by state, but work files should be accessible for a longer period than what's required by USPAP.
The work product shall be in conformity with the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP) as adopted by the Appraisal Standards Board of the Appraisal Foundation.
On appeal, Tallgrass argued that the County appraiser's approach, which COTA adopted, was the result of a valuation by summation in violation of Uniform Standards of Professional Appraisal Practice (USPAP) and Kansas law.
End users have access to a wealth of solutions that are compliant with HVCC, Uniform Standards of Professional Appraisal Practice (USPAP), FHA guidelines, Fannie Mae's electronic appraisal delivery standards and other industry guidelines and standards, according to Valligent.
The bill will require that all appraisals done for the Hope for Homeowners program must be conducted in accordance to Title XI of FIRREA and performed by an appraiser who meets the competency requirements of the Uniform Standards of Professional Appraisal Practice.
He addresses rent restrictions characterizing the Low Income Housing Tax Credit Program, the subsidy process, tax assessment issues, and the Uniform Standards of Professional Appraisal Practice requirements.
To earn the organization's AM or ASA designation, a CPA/ABV also must satisfy ASA experience and membership requirements, receive approval--after a rigorous peer review process--of two appraisal reports he or she has prepared and pass both an ethics examination and the Uniform Standards of Professional Appraisal Practice (USPAP) course and examination.
Carone, Hubbard and this year's four discussion leaders asked LDAC participants to focus on professional development, the future of the SRA appraiser, increasing Al's market share and expanding services beyond Uniform Standards of Professional Appraisal Practice assignments.

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