The Appraisal Standards Board (ASB) has just issued Third Exposure Draft of Proposed Changes for the 2014-15 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
This exposure draft includes:
- Revisions to reporting and communication requirements;
- Reporting options;
- Retirement of Standards 4 and 5; and
- Other revisions and additions as needed to ensure clarity and relevance.