The Appraisal Institute (AI) has published a sixth edition dictionary entitled “The Dictionary of Real Estate Appraisal.” It features more than 5,000 entries, 1,250 revised definitions and 450 new terms for appraisers to be aware of. It has been updated for consistency with current professional standards documents including AI materials.
In addition, new and revised glossaries will help real property valuers understand the language of related professionals in the areas of architecture and construction, mathematics and statistics, environmental contamination, agriculture, forestry, soils and wetlands, and green and energy-efficient building.
“This new dictionary takes into account a major reinvention of the International valuation Standards and the debut of the Appraisal Institute Standards of Valuation Practice,” AI President M. Lance Coyle wrote in the book’s foreword. “It also more fully integrates technology specific to IVS, and is more sensitive to the language used by valuation professionals outside the United States.”
The book is a 434-page hardcover publication available for $125. The cost is $95 for Appraisal Institute professionals. Call 888-756-4624 or order online.