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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. 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 ...

  6. 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

  7. Pre- and post-test probability - Wikipedia

    en.wikipedia.org/wiki/Pre-_and_post-test_probability

    Prevalence = (2 + 1) / 203 = 0.0148 or 1.48%; The individual's pre-test probability was more than twice the one of the population sample, although the individual's post-test probability was less than twice the one of the population sample (which is estimated by the positive predictive value of the test of 10%), opposite to what would result by ...

  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. Two-person rule - Wikipedia

    en.wikipedia.org/wiki/Two-person_rule

    Per US Air Force Instruction (AFI) 91-104, "the two-person concept" is designed to prevent accidental or malicious launch of nuclear weapons by a single individual. [1]In the case of Minuteman missile launch crews, once a launch order is received, both operators must agree that it is valid by comparing the authorization code in the order against a Sealed Authenticator (a special sealed ...

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