A signed Certification Statement evidences an appraiser's recognition of his or her ethical obligations.
USPAP establishes standards that are relevant to the appraisal of actual property, intangible assets, and personal belongings.
The statement on Appraisal requirements No. nine (SMT-9), which calls for the appraiser to discover the patron and other supposed customers of the appraisal report, turned into followed by the Appraisal Standards Board of the Appraisal Foundation on August 27, 1996.
The Uniform Standards of expert Appraisal Practice (USPAP) are the commonly identified moral and performance requirement for the appraisal profession within the USA.
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