Fifth exposure draft of USPAP released

BVWireIssue #247-1
April 5, 2023

appraisal standards and regulations
the appraisal foundation (TAF), valuation standards, uniform standards of professional appraisal practice (USPAP)

Based on feedback to the fourth exposure draft of USPAP, a fifth exposure draft has been issued and is available if you click here. The Appraisal Foundation’s Appraisal Standards Board (ASB) has been developing proposed changes to the ethics rule designed to emphasize the prohibition against unethical and illegal discrimination or bias when developing an opinion of value. The changes are mostly directed at real estate appraisers, but they apply to all appraisers. Public comments are due April 29, and, to submit a comment, click here. The ASB will host a free webinar to discuss this exposure draft on April 13 at 1:00 p.m. ET. To register, click here.
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