Washington Report

Advocacy Updates from Washington D.C.

ASB September 2016 Q&As

The Appraisal Standards Board has issued the September Q&As for the 2016-17 edition of Uniform Standards of Professional Appraisal Practice. The Q&As address using drones in appraisal inspections and Restricted Appraisal Reports concerning multiple parties. The two main points made are: 

  1. Use of a drone does NOT constitute a personal inspection if the appraiser is not visiting the property at the same time.
  2. Multiple parties acting as co-clients can engage an appraiser and each view a Restricted Appraisal Report.

September Q&As 

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

Advertisement