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Common Appraisal Errors and Issues

Developed by the Appraisal Institute Senior Manager of Ethics and Standards and the Senior Manager of Experience Screening, these documents identify some of the most common errors that are found in valuation work.  

Common Errors and Issues (General/Residential - Development and Reporting) covers topics including:

  • Certification Statement
  • Identification of Client, intended users and intended use
  • Scope of Work and Problem Identification
  • Extraordinary/Special assumptions and hypothetical conditions
  • Prospective value
  • Highest and Best Use
  • Excess/surplus land
  • Reporting requirements
  • Reconciliation
  • Resources and References

     Download Common Errors and Issues (General/Residential - Development & Reporting)

Common Errors and Issues in Review covers topics including:

  • Compliance with Standards
  • Problem Identification and Scope of Work
  • Identification of Client, intended users and intended use
  • Review reporting requirements
  • Certification Statements 
  • Extrordinary/Special Assumptions
  • Resources and References

    Download Common Errors and Issues in Review

 

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