ASB Releases Second Exposure Draft for USPAP Changes Reviewed by Momizat on . The Appraisal Standards Board (ASB) has released the Second Exposure Draft for proposed changes to the 2016-2017 Uniform Standards for Professional Appraisal Pr The Appraisal Standards Board (ASB) has released the Second Exposure Draft for proposed changes to the 2016-2017 Uniform Standards for Professional Appraisal Pr Rating: 0
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ASB Releases Second Exposure Draft for USPAP Changes

USPAP-draftThe Appraisal Standards Board (ASB) has released the Second Exposure Draft for proposed changes to the 2016-2017 Uniform Standards for Professional Appraisal Practice (USPAP). The scheduled revisions include:

  • Defining the term “report”
  • Edits to eliminate confusion regarding report drafts
  • Revisions to Standard 3 to enhance consistency with other standards and clarify dates identified and reported
  • Edits to eliminate confusion regarding confidentiality
  • Other edits to improve clarity and enforceability of USPAP

Comments are due by June 2, 2014. They can be submitted to ASBcomments@appraisalfoundation.org. You can read the full second exposure draft at the link below.

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