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USPAP MONTHLY Q&A
Click the Month to Read USPAP Q&A
Bulletin
2010 Q&A's 1-5
Disclosure of any prior services regarding
the subject property, when an appraiser has
appraised the property multiple times.
Disclosure of any prior services regarding the
subject property, when an appraiser has
performed services other than appraisal
practice.
Disclosure of any prior services regarding the
subject property before accepting an assignment,
when the client had previously required an
appraiser to sign a confidentiality agreement.
Disclosure of any prior services regarding the
subject property before accepting an assignment,
when the appraiser only works for one client.
Disclosure requirements when an appraiser has
NOT performed services regarding a property in
the prior three years.
_____________________________
December 2009
Revision of Previously Published (April 2009)
Q&A, Question 4
November 2009
Can an appraisal management company be the
client?
January 1, 2010 Change Regarding Restricted Use
Appraisal Report
October 2009
Client Request to Limit Scope of Work to New Client
Name
Client Requirement to Disregard Market Value Changes Prior to
Effective Date
Client Requirement to Assume No Contamination Exists
Is a “Waiver Valuation” a Jurisdictional Exception?
Client Requirement to Assume No Contamination Exists
September 2009
Appraiser’s Obligations Under the Home Valuation Code of Conduct
(HVCC)
Appraiser’s Obligations Under the Home Valuation Code of Conduct
(HVCC)
Disposal of Workfiles
Due Process of Law
August 2009
Application of Appraisal Reporting Requirements
Multiple Intended Uses in the Same Appraisal Report
July 2009
Access & Retrieval of Workfiles
Significant Professional Assistance
June 2009
Collecting Fee on Behalf of an AMC
Assignment Conditions, Scope of Work Acceptability, and
Geographic Competency
Request to Modify a Completed Appraisal Report
May 2009
Effective Date and the Date of the Report
Relying On the Reports of Others
April 2009
Questions Regarding 2010-11 Revisions to the ETHICS RULE
March 2009
The Impact of Different Clients on Assignment Results with
Otherwise Identical Assignment Elements and Scope of Work
Does the Certification on the Uniform Residential Appraisal
Report (URAR) Form Also Extend to the Market Conditions
Addendum?
February 2009
Appraising Without Knowing the Intended Use or User
Probate Court Statute Basing the Appraisal Fee on the Appraised
Value
Must a Review Appraiser be licensed or certified in the state
jurisdiction where the subject property is located?
USPAP Applicability in Valuation for Financial Reporting
USPAP Applicability in Valuation for Financial Reporting
January 2009
Communicating Confidential Information to a Sworn Peace Officer
Signature on Letter of Transmittal
Citation of Effective Date
December 2008
Current Sales Contract Not Provided
Appraisal Report Labeling Confusion
Reviewer Citation of USPAP Non-Compliance
November 2008
Copyrighting an Appraisal Report
“Allocation” of Value Opinions
October 2008
Adequacy of Workfile Documentation
USPAP Applicability in Valuation for Financial Reporting
Assignment Involving Analysis of Leases
September 2008
Sales History for New Construction
Appraiser Coercion
Confidentiality and Review Appraisers
Copy of License in Appraisal Report
August 2008
Addressees, Clients, And Intended Users
Errors and Omissions Insurance
Appraisal Update With No Change In Value
July 2008
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
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
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
Does USPAP Require Identifying Appraisal Credentials?
Which USPAP Standards Apply to Personal Property Appraisal
Consulting?
Providing Sample Appraisal Reports
March
2008
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
Appraiser Qualifications in Report
Appraisal Report Received by
Others
Changing the Effective Date
January
2008
Geographic
Competency in Appraisal Reviews
Appraisal Without Knowing the Sales Price
Due Process Under Confidentiality
December 2007
Changing the Scope
of Work after the Report has been Submitted
Errors of
Commission and Omission
Making a Series
of Errors
November 2007
Intentionally
“Deflating” Opinions of Value
When does
Appraiser-Client Confidentiality End?
Readdress or
Transfer
October 2007
Client Altering the
Report (follow-up)
Are Instant
Messages or Text Messages Appraisal Reports?
Checking "Stable"
vs. "Declining"
Is Compliance with
STANDARD 3 Required when Submitting a Complaint?
September 2007
Signature
Authorization
Authentication of an Appraisers Digital Signature
Approving the use of your Digital Signature
Providing Signature to Produce Signature File
Losing Control of a Digital Signature
Client Altering the Report
August 2007
Requirement for
Signing Reports
Signing Digital
(Electronic) Reports
Changing the
Certification
Competency
Statement in the Report
July 2007
Workfile Retention
and Access Arrangements
Access to a
Workfile
Proper Analysis of
Agreement of Sale
June 2007
Is an AVM an Appraisal?
Appraiser's USPAP Obligations When Using an AVM
May 2007
Confidentiality and Intended Users
Significant Appraisal Assistance
April 2007
Record Keeping Requirements for Oral Reports and Testimony
Is a Transcript Required for Oral Reports and Testimony?
Is a Transcript Required if a Written Appraisal Report was Prepared?
Is a Transcript of the Entire Proceeding Required?
March 2007
Sales or Financing Concessions
Obligation to Analyze Prior Listings of Subject Property
Obligation to Analyze Withdrawn or Expired Listings
February 2007
Appraisal versus Appraisal Consulting Assignment
Market Rent Opinion
Income Expense Analyses
January 2007
"Effective Date" of USPAP
Changes to 2006 USPAP
Next Edition of USPAP
December 2006
Conflicts of Interest
Sample Appraisals and the Ethics Rule
Responsibility for Workfile Retention
Appraisal Management Company as Authorized Agent for a Client
Subsequent User Requests a "Reliance Letter"
Purchase Contract is not Provided to the Appraiser
Update of an Appraisal Completed by Another Appraiser
November
2006
Appraisal Fee Paid at Close of Financing Transaction
Client Approval for Future Assignments
Communicating Assignment Results Without a Written Report
October
2006
Disclosure of the Intended User in a Report
Disclosure of the Intended Use in a Report
Personal Property Appraisal Requirements
September 2006
Trainee Access to Workfiles
Updating a Prior Assignment with a Different Scope of Work
August 2006
Identification of Intended Users
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