Appraisal Practice: Difference between revisions
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*ASSIGNMENT CONDITIONS: Assumptions, extraordinary assumptions, hypothetical conditions, laws and regulations, jurisdictional | *ASSIGNMENT CONDITIONS: Assumptions, extraordinary assumptions, hypothetical conditions, laws and regulations, jurisdictional | ||
exceptions, and other conditions that affect the scope of work. | exceptions, and other conditions that affect the scope of work. | ||
*ASSIGNMENT ELEMENTS: Specific information needed to identify the appraisal or appraisal review problem: client and any other | |||
intended users; intended use of the appraiser’s opinions and conclusions; type and definition of value. '''Are trees part of assignment elements?''' | |||
Revision as of 18:29, 25 July 2024
- The standards manual - [1]
- Definitions - [2]
- Appraisal practice is provided only by appraisers, while valuation services are provided by a variety of
professionals and others.
- APPRAISAL REVIEW: (noun) the act or process of developing an opinion about the quality of another appraiser’s work
- ASSIGNMENT CONDITIONS: Assumptions, extraordinary assumptions, hypothetical conditions, laws and regulations, jurisdictional
exceptions, and other conditions that affect the scope of work.
- ASSIGNMENT ELEMENTS: Specific information needed to identify the appraisal or appraisal review problem: client and any other
intended users; intended use of the appraiser’s opinions and conclusions; type and definition of value. Are trees part of assignment elements?