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USPAP - Frequently Asked Questions! Friday, April 14, 2023 in Ask an Instructor, Education

The Uniform Standards of Appraisal Practice (USPAP) materials include a lot of Frequently Asked Questions! There are currently 367 FAQs in the 2020-2021 version of USPAP which has been extended through December 31, 2023. These are included as guidance from The Appraisal Standards Board (ASB) of The Appraisal Foundation to respond to questions to illustrate the applicability of USPAP in specific situations.

Who Can and Should be Listed as an Intended User Under USPAP Tuesday, April 4, 2023 in Ask an Instructor

As an instructor, I often get questions about who can and should be listed as an “intended user” under the Uniform Standards for Appraisal Practice (USPAP). And, I am also often asked what “rights” intended users have under USPAP.

The short answer: Generally, you want to list as few intended users as necessary to meet the client’s needs. And, intended users do not have a right to obtain a copy of the report without client consent.

Announcing ISA's 2022-2023 Board of Directors Wednesday, September 7, 2022 in News

Voting for ISA's 2022-2023 Board of Directors has ended and we would like to congratulate our recently elected members.

Understanding Guardianships Monday, August 29, 2022 in Education

In the Netflix movie “I Care A Lot,” Rosamund Pike’s character, Marla Grayson, is an icy, ambitious, court-appointed legal guardian who fleeces her wards out of their homes, cash, and personal property with amazing efficiency. The story is fiction, but it shines a (dramatic) light on the predicament of individuals who become wards due to mental incapacity, inability to care for themselves, addiction, or disability.

Extension of 2020-2021 USPAP Tuesday, August 16, 2022 in News

The Appraisal Foundation’s Appraisal Standards Board announced on August 11, 2022, that it was extending the current USPAP another year through the end of 2023. The next published edition will be effective January 1, 2024.

4 Tips for New Appraisers Thursday, July 14, 2022 in Business Tips

Taking the Core Course in Appraisal Studies can be overwhelming to new appraisers. It is like learning an entirely new language or learning the correct language for concepts absorbed through prior business practices. A significant amount of information is presented in a short amount of time, and sometimes it is difficult to take in all the nuances and apply them to your appraisal practice...

2022 Interior Design Trends Most Likely to Affect Value of Personal Property Wednesday, June 22, 2022 in Education

I have been reviewing the general media, interior design professional publications, and other industry sources to spot the interior design trends for 2022 that are most likely to affect the value of personal property values. Changes in design preferences can help forecast fundamental shifts in market pricing that we as appraisers must recognize.

Congratulating ISA’s 2022 Award Winners Wednesday, June 8, 2022 in News

This year, ISA honored its much-deserving 2022 award recipients at the Annual Business Meeting & Awards program on May 31. Please join in congratulating the individuals below for their significant contributions and service to ISA and its members.

Ask an Instructor: Is It Permissible to Include Hyperlinks to Comparables in a Digital Appraisal Report? Tuesday, May 17, 2022 in Ask an Instructor

Question: When I am writing an appraisal report that is being sent digitally is it permissible to just include the hyperlinks to my comparables in the report? What are the best practices when sending a report digitally?

The State of the Chinese Art Market: Strong With Subtle Nuances Monday, April 18, 2022 in Antiques

The Year of the Tiger is off to an auspicious start with the wildly successful auction results of Asia Week in New York City from March 16-25, 2022. Attendees were celebrating being back in person, buying enthusiastically, reflecting the overall current strong market for Chinese works of art, both ancient and contemporary.

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