USPAP Q&A

For further information regarding USPAP Q&A, please contact:
John S. Brenan, Director of Research & Technical Issues
john@appraisalfoundation.org
(202) 347-7722, ext. 3044

June 2011 USPAP Q&A

Advisory Opinion

Scope of Work

Ethics Rule- Conduct

Appraisal Reporting- Certification & Signatures

Ethics- Management

 

January 2010 USPAP Q&A
Disclosure of any prior services regarding the subject property . . .
when an appraiser has appraised the property multiple times.
when an appraiser has performed services other than appraisal practice.
before accepting an assignment, when the client has previously required an appraiser to . . .
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 USPAP Q&A
Revision of Previously Published (April 2009) Q&A, Question 4

November 2009 USPAP Q&A
Can an appraisal management company be the client?
July 1, 2010 Change Regarding Restricted Use Appraisal Report
Disposal of Workfiles
Due Process of Law

October 2009 USPAP Q&A
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 USPAP Q&A
Appraiser’s Obligations Under the Home Valuation Code of Conduct (HVCC)
Disposal of Workfiles
Due Process of Law

August 2009 USPAP Q&A (pdf)
Application of Appraisal Reporting Requirements
Multiple Intended Uses in the Same Appraisal Report

July 2009 USPAP Q&A (pdf)
Access & Retrieval of Workfiles
Significant Professional Assistance

June 2009 USPAP Q&A
Collecting Fee on Behalf of an AMC
Assignment Conditions, Scope of Work Acceptability & Geographic Competency
Request to Modify a Completed Appraisal Report

May 2009 USPAP Q&A (pdf)
Effective Date and the Date of the Report
Relying On the Reports of Others

April 2009 USPAP Q&A (pdf)
Questions Regarding 2010-11 Revisions to the ETHICS RULE

March 2009 USPAP Q&A (pdf)
The Impact of Different Clients on Assignment Results with Otherwise Identical Assignment
Elements and Scope of Work
Does the Certification of the Uniform Residential Appraisal Report (URAR) Form Also Extend to the Market Conditions Addendum?

February 2009 USPAP Q&A (pdf)
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 USPAP Q&A (pdf)           
Communicating Confidential Information to a Sworn Peace Officer
Signature on Letter of Transmittal
Citation of Effective Date

December 2008 USPAP Q&A (pdf)
Current Sales Contract Not Provided
Appraisal Report Labeling Confusion
Reviewer Citation of USPAP Non-Compliance

November 2008 USPAP Q&A (pdf)
Copyrighting an Appraisal Report
“Allocation” of Value Opinions

October 2008 USPAP Q&A (pdf)
Adequacy of Workfile Documentation
USPAP Applicability in Valuation for Financial Reporting
Assignment Involving Analysis of Leases

September 2008 USPAP Q&A (pdf 34k)
Sales History for New Construction
Appraiser Coercion
Confidentiality and Review Appraisers
Copy of License in Appraisal Report

August 2008 USPAP Q&A (pdf)
Addressees, Clients, And Intended Users
Errors and Omissions Insurance
Appraisal Update With No Change In Value

July 2008 USPAP Q&A (pdf)
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 (pdf)
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 (pdf)
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 (pdf)
Does USPAP Require Identifying Appraisal Credentials?
Which USPAP Standards Apply to Personal Property Appraisal Consulting?
Providing Sample Appraisal Reports

March 2008 USPAP Q&A (pdf)
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 (pdf)
Appraiser Qualifications in Report
Appraisal Report Received by Others
Changing the Effective Date

January 2008 USPAP Q&A (pdf)
Geographic Competency in Appraisal Reviews
Appraisal Without Knowing Sale Price
Due Process Under Confidentiality