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Common Appraisal Errors and Issues

This resource, developed by the Appraisal Institute Senior Manager of Ethics and Standards and the Senior Manager of Experience Screening, discusses some of the most common errors that are found in valuation work.  The topics are pertinent to both commercial and residential work and include:

  • Certification statement
  • Identification of client, intended use and intended users
  • Scope of Work
  • Extraordinary assumptions and hypothetical conditions
  • Prospective value
  • Highest and Best Use
  • Excess/surplus land
  • Reporting requirements
  • Reconciliation

Download Common Errors and Issues.

 

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