Appraisal Practice

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  • 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.