Office Hours with the Director of Education January 25, 2022

This is a reminder of the terminology changes made in 2020 and 2021 that affect your appraisal reports.  Knowing how busy we all are, I am sure that many of you read the ISA Education newsletter posts regarding these changes in terminology to align with USPAP terms and definitions and then put them aside.  Now that the New Year has arrived, you are updating your appraisal report templates and looking for this information...

The upcoming lunar new year, the Year of the Tiger, begins on February 1, 2022.  The tiger is independent, emotional, valiant, strong-willed, aristocratic, and powerful, the king of beasts, a protector of children who traditionally in China wear tiger-image hats sporting the character for “king”. How can this information be useful to appraisers?

The new 2022-2023 7-Hour Uniform Standard of Professional Appraisal Practice (USPAP) course is a bit different this year. Normally, the course reflects changes in the current edition of USPAP. But since the 2020-2021 edition of USPAP has been extended to 2022, the current course gives instructors the opportunity to present some broad topics that impact the credibility of the appraisal profession.

It’s award season again for the mighty volunteers of ISA and while ALL of us deserve a bravery award for thriving during the pandemic, these ISA awards are the ones we give to our distinguished colleagues in recognition of their outstanding service to our organization and industry.