Third exposure draft of USPAP released

BVWireIssue #239-1
August 3, 2022

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

During a recent BVR webinar that gave an update on valuation standards and guidance, Jim Alerding (Alerding Consulting) noted that a third exposure draft of USPAP was issued July 26 (available if you click here). He reports that the changes are mostly directed at real estate appraisers (but applicable to all appraisers), deal with some revisions to the ethics standard, and are focused on bias in appraisals. Written comments on the proposed changes are due September 24 (instructions are in the document). The Appraisal Foundation will host a webinar on the exposure draft on August 11 (click here to register).
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