After reviewing submitted comments, The Appraisal Foundation’s Appraisal Standards Board (ASB) has issued the Second Exposure Draft of proposed changes for the 2018-19 edition of the Uniform Standards of Professional Appraisal Practice. Some of the proposed changes deal with the definition of report and communication of assignment results. The ASB is also proposing a revision of the definition of appraisal review, as well as splitting the existing Standard 3 into two standards to be consistent with the other standards in USPAP. Written comments are requested by Oct. 14, 2016, and can be sent to ASBComments@appraisalfoundation.org.
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