New Appraisal Foundation USPAP Video

The Appraisal Foundation News has just announced the release a new free video and PowerPoint presentation preview of USPAP 2012/2013. The video discussion covers the major changes and also briefly discusses the process used on how the Standards Board develops the changes.

The video and power point presentation open in two separate windows, and the power point is coordinated to the video.  You can also advance through the power point presentation if you are not interested in the video discussion or the pace of the presentation.

Click HERE to view the video and PowerPoint presentation.

The Appraisal Foundation reports

FREE VIDEO RELEASED:

2012-13 USPAP Changes

The Appraisal Foundation is pleased to announce the release of a free video on its web site entitled, A Preview of Changes to the 2012-13 Uniform Standards of Professional Appraisal Practice (USPAP).

The video, shot on location at the Foundation’s headquarters, is a 23 minute interview with the 2011 Chair and Vice Chair of the Appraisal Standards Board (ASB), J. Carl Schultz, Jr. and Barry Shea, respectively. A PowerPoint presentation is available for simultaneous viewing as well.

Please visit the following link to access video on the Foundation’s eLibrary:

CLICK HERE TO VIEW THE VIDEO ON 2012-13 USPAP CHANGES

USPAP changes discussed in the video include:

• Revisions to DEFINITIONS of “Client,” “Extraordinary Assumptions,” and “Hypothetical Condition,” as well as a new definition of “Exposure Time”;

• Creation of a new RECORD KEEPING RULE and related edits to the Conduct Section of the ETHICS RULE;

• Revisions to Advisory Opinion 21, USPAP Compliance; and,

• Revisions to STANDARDS 7 & 8: PERSONAL PROPERTY APPRAISAL, DEVELOPMENT & REPORTING.