Remove no-end-date-4-future-editions-of-uspap
article thumbnail

2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

How do the USPAP revisions to the Nondiscrimination section affect appraisers? These requirements are carried forward in the 2024 edition of USPAP. The primary difference is that the new USPAP contains clear and concise language regarding an appraiser’s ethical obligation not to engage in discrimination.

article thumbnail

Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Consequently, both the appraiser and home inspector ended up on the receiving end of a “wrongful death” legal claim. Another tip is to check the date of a CO alarm and smoke detector. Many experts advise that the state and federal standards requiring these important systems exist for a reason. CO Detector vs Smoke Alarm.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024 USPAP For Appraisers

Appraisal Today

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. This year, for the first time, you can purchase just the book of USPAP standards for $35. This change reflects the maturation of USPAP, resulting in longer effective dates.

article thumbnail

What level appraiser are you?

Appraisal Today

For example, are you competent to prepare an entire appraisal from start to finish? You might answer, “Absolutely!” But what if the appraisal form was completely blank with no boilerplate text? Do you still feel the same level of assuredness? Are your legs shaking? It’s your choice which level you choose to pursue. There is no shame in this level.

article thumbnail

Appraiser Salaries

Appraisal Today

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. Excerpts: On average, appraisers earn $102,620 a year. However… the average appraiser salary varies significantly across license levels. The 900 sq.ft.