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  2. Uniform Standards of Professional Appraisal Practice

    en.wikipedia.org/wiki/Uniform_Standards_of...

    At its organizational meeting held on January 30, 1989, the Appraisal Standard Board unanimously approved and adopted the original USPAP as the initial appraisal standards promulgated by ASB. USPAP may be amended, Interpreted, or retired by ASB after exposure to the users of appraisal services and the public in accordance with established rules ...

  3. Extraordinary assumptions and hypothetical conditions

    en.wikipedia.org/wiki/Extraordinary_assumptions...

    [1] [2] Making the distinction between the two is important when compiling or reporting appraisals in the United States or other jurisdictions where USPAP is considered the professional standard because USPAP has different specific disclosure requirements for each in an appraisal report and specifies different conditions under which each can be ...

  4. Appraisal Standards Board - Wikipedia

    en.wikipedia.org/wiki/Appraisal_Standards_Board

    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 ...

  5. The Appraisal Foundation - Wikipedia

    en.wikipedia.org/wiki/The_Appraisal_Foundation

    The Appraisal Standards Board (ASB) establishes the rules for developing an appraisal and reporting its results. In addition, it promotes the use, understanding and enforcement of the Uniform Standards of Professional Appraisal Practice (USPAP) as required by FIRREA. The Appraisal Practices Board (APB) was formed by board of trustees in 2010 ...

  6. California Bureau of Real Estate Appraisers - Wikipedia

    en.wikipedia.org/wiki/California_Bureau_of_Real...

    The California Real Estate Act has two core components: licensing and enforcement. [1] [2] Both licensing and enforcement functions are required by the Appraisal Subcommittee (ASC), the federal government organization which oversees all state real estate appraiser licensing agencies.

  7. Business valuation standard - Wikipedia

    en.wikipedia.org/wiki/Business_valuation_standard

    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

  8. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    [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.

  9. Appraiser - Wikipedia

    en.wikipedia.org/wiki/Appraiser

    An appraiser (from Latin appretiare, "to value") is a person that develops an opinion of the market value or other value of a product, most notably real estate.. The current definition of "appraiser" according to the Uniform Standards of Professional Appraisal Practice (USPAP) is: "One who is expected to perform valuation services competently and in a manner that is independent, impartial and ...

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