The Appraisal Standards Board (ASB) has issued a First Exposure Draft of proposed changes for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP), according to a release from The Appraisal Foundation.
The First Exposure Draft proposes changes to:
- Reporting options;
- Scope of Work Rule;
- Comments in Standards Rules;
- Definitions; and
- Other edits to improve clarity and enforceability of USPAP.
The written comment deadline is July 15, 2018. To submit comments on the proposals, please email [email protected].
Individuals can attend the ASB Online Briefing on June 8, 2018 at 1:00 PM ET and provide your comments live. Maggie Hambleton, ASB Chair, and John Brenan, Director of Appraisal Issues at the Foundation, will discuss the proposed changes in the First Exposure Draft for the 2020-21 USPAP. Click Register Here!