Free Foundation Video on USPAP 2012-13 Changes

The Appraisal Foundation (TAF) released a free video this week previewing the 2012-13 changes to the Uniform Standards of Professional Appraisal Practice (USPAP). The 23 minute video includes:

  • revisions to the definitions of “Client”, “Extraordinary Assumptions”, Hypothetical Condition”, and a new definition of “Exposure Time”;
  • Creation of a new RECORD KEEPING RULE and related edits to the Conduct Section of the ETHICS RULE;
  • Revisions to Advisory Opinion 21; and
  • Revisions to STANDARDS 7 & 8

View the video here.

Check out other Foundation videos at their E-library.