The Appraisal Foundation announced Oct. 13 that it has released its 2012-13 edition of the Uniform Standards of Professional Appraisal Practice. “USPAP” includes a variety of standards of professional practice for all appraisal disciplines. The 2012-13 edition will become effective Jan. 1, 2012, and will be valid for two years. The new edition of USPAP

The United States Tax Court recently found that an appraisal does not necessarily need to comply with the Uniform Standards of Professional Appraisal Practice – commonly known as USPAP – to be admissible or reliable.
Continue Reading UNITED STATES TAX COURT FINDS FAILURE TO COMPLY WITH USPAP DOES NOT RENDER EXPERT APPRAISAL INADMISSIBLE