USPAP Q&A's

Did you know the Appraisal Foundations posts USPAP questions and answers on a regular basis to their website. Below are the 2008 Q&A's taken from the Appraisal Foundation with links to the individual Q&A posts. Most deal with real estate valuation, but there is much that can be applied to personal property appraising. For earlier Q&A posts visit the Appraisal Foundations website. Web address for the Appraisal Foundation is www.appraisalfoundation.org.

USPAP Q&A Documents

• July 2008 USPAP Q&A
  Electronic Report Delivery
  Can Appraisers Perform "Comp Check" Assignments?
  Can Appraisers Perform "Comp Check" Assignments for Free?
  Is Disclosure of a Free "Comp Check" Assignment Required?
• June 2008 USPAP Q&A
  Uniform Act and Scope of Work
  Valuation Methods and Jurisdictional Exception Rule
  “Before Acquisition Value” and STANDARD RULE 1-4(f)
  Uniform Act and the Review of “Low Value” Acquisition Appraisal Reports
• May 2008 USPAP Q&A
  Does Changing the Sale Price Result in a New Assignment?
  Is it Permissible to Use MLS Photos for Comparable Sales?
  Is it Permissible to Use MLS Photos for Active Listings?
  Can an Appraiser Disclose the Identity of Past Clients in an Appraisal Report?
• April 2008 USPAP Q&A
  Does USPAP Require Identifying Appraisal Credentials?
  Which USPAP Standards Apply to Personal Property Appraisal Consulting?
  Providing Sample Appraisal Reports
• March 2008 USPAP Q&A
  Does Appraising a Physical Segment Require Use of a Hypothetical Condition?
  Must a Hypothetical Condition or Extraordinary Assumption be Labeled?
  Is a Letter of Transmittal Part of an Appraisal Report?
• February 2008 USPAP Q&A
  Appraiser Qualifications in Report
  Appraisal Report Received by Others
  Changing the Effective Date
• January 2008 USPAP Q&A
  Geographic Competency in Appraisal Reviews
  Appraisal Without Knowing Sale Price
  Due Process Under Confidentiality