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

  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.

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• 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?

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• Ask an Instructor: What Does Appraised Value Support Mean and Where Is It Applied? Wednesday, November 17, 2021 in Ask an Instructor

  Question: I’m taking the Core Course in Appraisal Studies, and Lesson 21 discusses the IRS Preferred Appraisal Format for Works of Art Valued over $50,000. What does the IRS mean by "appraised value support"? Does this format only apply to Fine Art?

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• Ask an Instructor: Determining the Actual Cash Value (ACV) of Your Property Monday, July 26, 2021 in Ask an Instructor

  Question: I have been asked by an insurance company to provide the actual cash value (ACV) on a painting by a famous 19th-century artist. I don’t understand how to determine ACV for this type of painting. Can you help me?

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• Ask an Instructor: Tips on Finding Parallel Artists Tuesday, May 18, 2021 in Ask an Instructor

  Question: Help! I’m appraising artwork for estate tax purposes. The artist is not returning my calls. He is his own market. He has no past or current gallery representation, and he has no auction sale results. I know that I’m supposed to look for a parallel artist to determine fair market value when there are no comparables. Do you have any tips on finding parallel artists?

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• Ask an Instructor: How Bronze Disease Affects the Value of Art Wednesday, April 21, 2021 in Ask an Instructor

  Question: Does Bronze Disease affect the value of a work? From what I was reading, it seems to be a contamination problem with the bronze. Would the artist in any way be responsible for selling work that develops bronze disease?

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• Ask an Instructor: Updates to Appraisal Templates and the Difference Between Online and Live Online Courses Tuesday, February 23, 2021 in Ask an Instructor

  Question 1:Since the ASB announced that the 2020-2021 edition of USPAP will be extended to the end of 2022, do I need to update my appraisal templates?

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• Ask an Instructor: New Definitions for Limiting Conditions and Extraordinary Assumptions Tuesday, January 26, 2021 in Ask an Instructor

  Question: Has ISA issued any new definitions for Limiting Conditions and Extraordinary Assumptions as yet?

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• Choosing Asking Prices for Replacement Costs Monday, November 16, 2020 in Ask an Instructor

  Question: A fine art print from the same print edition can often be found in multiple retail galleries with a range of different asking prices. How do I choose which asking price to use for replacement cost? Does the condition of the client’s print play a role in the selection of the comparable?

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• Ask an Instructor: Limitations on Charitable Contribution Appraisals and on Art Donations Tuesday, October 13, 2020 in Ask an Instructor

  Question 1: I understand that the effective date for a non-cash charitable contribution appraisal is the date of donation and that an appraisal cannot be done any earlier than 60 days prior to donation, but is there a limit to when an appraisal can be done after the donation?

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