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An appraiser performing and communicating an appraisal under USPAP may estimate value assuming facts and conditions proscribed by a legal presumption, but a determination would have to be made whether the assumption is an extraordinary assumption or hypothetical condition and communicated appropriately as required under USPAP.
Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...
Any hypothetical conditions or extraordinary assumptions; Effective date of the appraisal analysis; Salient features of the subject property; Based on these factors, the appraiser must identify the scope of work needed, including the methodologies to be used, the extent of the investigation, and the applicable approaches to value.
It's a comment from president-elect Donald Trump that caught many people off guard. "We're going to be changing the name of the Gulf of Mexico to the Gulf of America," he said. Trump linked his ...
Kate Middleton stepped out for the royal family’s annual Christmas day walk on December 25, arriving to church in Sandringham with Prince William as well as their kids, Prince George, Princess ...
Trump's comments come after he joined allies Elon Musk and Vivek Ramaswamy in urging sitting lawmakers to vote against a bipartisan agreement earlier this week to keep the government funded ...
1 comment. 3 Orphan Status. 2 comments. 4 Recent 2012 USPAP Changes. 1 comment. Toggle the table of contents. Talk: Extraordinary assumptions and hypothetical conditions.
1. Delta Air Lines. On-Time Arrivals: 83.46% Delta took the top spot in the report for the impressive fourth year in a row. Sure, there’s always going to be unforeseen delays in a trip, but if ...