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Appraiser Complaint Rates Clarified

You may have heard about or read an article published in the Spring 2017 edition of Appraisal Buzz magazine entitled “When You Get Notice of a State Complaint”. This article discusses the complaint process in general and what to consider if you receive a complaint about your appraisal practice. Near the beginning of the article, reference is made to residential appraisers in Texas having “roughly one in six” odds of a complaint being filed against them with the Texas Appraiser Licensing and Certification Board during “one particularly busy year”.

2018-19 USPAP Revisions: What has Changed? Part One

In February 2017, the Appraisal Standards Board (ASB) of the Appraisal Foundation adopted revisions to the Uniform Standards of Professional Appraisal Practice (USPAP) for the 2018-19 edition. This process began with the issuance of a Discussion Draft in January 2016 and was followed by three exposure drafts of proposed revisions to USPAP. The changes adopted by the ASB at its meeting on February 3, 2017, will be incorporated in the 2018-19 edition of USPAP and associated guidance materials. These changes will become effective on January 01, 2018.

Want to Avoid 12 Common USPAP Violations? Read this!

The Uniform Standards of Professional Appraisal Practice (USPAP) are the quality control standards applicable for real property and business valuation appraisals. What you may not know are the most common USPAP violations. This list below includes the most frequently encountered violations by TALCB's staff appraiser-investigations when investigating complaints filed with the Board. With this insight, you will be able to communicate more effectively in your appraisal report and successfully avoid missteps when completing an appraisal assignment.