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The Appraisal Institute has adopted the following Guide Notes to the Standards of Professional Appraisal Practice.
The Guide Notes are not a part of the Standards of Professional Appraisal Practice but provide guidance on how the standards requirements may apply to specific situations.
Guide Note 2: Cash Equivalency in Valuations
Guide Note 3: The Use of Form Reports for Residential Property
Guide Note 4: Reliance on Reports Prepared by Others
Guide Note 5: Appraisals of Real Estate with Related Personal Property, Business Property, or Intangible Assets
Guide Note 6: Consideration of Hazardous Substances in the Appraisal Process
Guide Note 8: Use and Applicability of Letters of Transmittal
Guide Note 10: Developing an Opinion of Market Value in the Aftermath of a Disaster
Guide Note 11: Comparable Selection in a Declining Market
Guide Note 12: Analyzing Market Trends
Guide Note 13: Performing Evaluations of Real Property Collateral for Lenders
Guide Note 14: Concept of Exposure Time
Guide Note 15: Assumptions and Hypothetical Conditions
Guide Note 16: Arbitration (reformatted version coming soon)
All Guide Notes (except 16): Download the current Guide Notes to the Standards of Professional Appraisal Practice
The above documents are in PDF format. For best results and to open any PDF document, download the latest free Adobe Reader software.
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