At its public meeting on February 19, 2021, the Appraisal Standards Board of The Appraisal Foundation voted to extend the expiration date of the 2020-2021 USPAP publication by one year. Instead of expiring on December 31, 2021, the current USPAP will remain in effect…
In any real estate appraisal assignment, you must use one of the two written report options outlined in USPAP: Appraisal Report or Restricted Appraisal Report. A diligent appraiser can utilize the Restricted Appraisal Report option when it makes good sense for the assignment and…
The 2020-21 USPAP publication will be available within the next several weeks, and so will the 2020-21 7-hour National USPAP Update Course. Not everyone purchases the USPAP publication or takes an update course right away, so here is a quick overview of the most…
Did you know you can take USPAP classes online in Arizona? As of June 2019, the state has changed their regulations to allow USPAP to be taken online. That means if you are a real estate appraiser in Arizona, you no longer have to…
At its public meeting in Scottsdale AZ on February 8, 2019, the Appraisal Standards Board of The Appraisal Foundation announced that it will be issuing an additional exposure draft of changes to USPAP for the 2020-21 edition. The Third Exposure Draft was issued on…
It goes without saying that there’s no simple, easy way to deal with appraisal pressure. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers,…
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