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The USPAP Scope of Work Rule requires that an appraiser identify specific assignment elements in the planning of an appraisal assignment and gather and analyze information about those elements, including assignment conditions, which include assumptions, extraordinary assumptions, hypothetical conditions, and hypothetical conditions.
While USPAP provides a minimum set of quality control standards for the conduct of appraisal in the U.S., it does not attempt to prescribe specific methods to be used. . Rather, USPAP simply requires that appraisers be familiar with and correctly utilize those methods which would be acceptable to other appraisers familiar with the assignment at hand and acceptable to the intended users of the app
Bill Sipes (2006). 2006 Business Valuation Sourcebook.CCH Tax and Accounting. pp. ¶5011–¶5021. ISBN 0-8080-1355-6. — the full text of the Statement on Standards for Valuation Services No.1,ASA Business Valuation Standards, IBA Business Appraisal Standards, IBA Code of Ethics, IBA Business Valuation Guidelines, and NACVA Professional Standards
The Appraisal Standards Board (ASB) develops, interprets and amends the Uniform Standards of Professional Appraisal Practice (USPAP). The ASB is composed of seven appraisers who are appointed by the Board of Trustees of The Appraisal Foundation. Activities of the Board are directed by the Chair, who is appointed by the Board of Trustees for a ...
The International Organization for Standardization (ISO) and its ISO 37301:2021 (which deprecates ISO 19600:2014) standard is one of the primary international standards for how businesses handle regulatory compliance, providing a reminder of how compliance and risk should operate together, as "colleagues" sharing a common framework with some nuances to account for their differences.
[2] ". In some cases, a proposed use might be the highest and best use but for some cost that changes the net economics. An example might be an industrially-used site that can now be used legally for high-rise residential buildings, but would cost so much to clean up (remediate) that the value as currently used is higher.
The simplest form of dual key security is a lock that requires two keys to open, with each key held by a different person. The lock can only be opened if both parties agree to do so at the same time. In 1963, Canada accepted having American W-40 nuclear warheads under dual key control on Canadian soil, to be used on the Canadian BOMARC missiles.
Under the Clean Air Act Section 112(r)(1), the General Duty Clause states: “The owners and operators of stationary sources producing, processing, handling or storing such substances (i.e., a chemical in 40 CFR part 68 or any other extremely hazardous substance) have a general duty [in the same manner and to the same extent as the general duty clause in the Occupational Safety and Health Act ...