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  2. Uniform Standards of Professional Appraisal Practice - Wikipedia

    en.wikipedia.org/wiki/Uniform_Standards_of...

    Uniform Standards of Professional Appraisal Practice ( USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories.

  3. The Appraisal Foundation - Wikipedia

    en.wikipedia.org/wiki/The_Appraisal_Foundation

    The Appraisal Foundation ( TAF) is the United States organization responsible for setting standards for the real estate valuation profession. The organization sets the congressionally authorized standards and qualifications for real estate appraisers, and provides voluntary guidance on recognized valuation methods and techniques for all ...

  4. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The Appraisal Institute defines highest and best use as follows: The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value.

  5. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    TAF carries out its work through two boards: the Appraisal Standards Board promulgates and updates USPAP; the Appraisal Qualifications Board (AQB) promulgates minimum recommended standards for appraiser certification and licensure.

  6. How to prepare for FHA appraisal requirements - AOL

    www.aol.com/finance/prepare-fha-appraisal...

    A home appraisal for a single-family home costs about $500 as of 2023, according to the National Association of Realtors. The price will depend on the level of demand in your area, how far the ...

  7. Extraordinary assumptions and hypothetical conditions

    en.wikipedia.org/wiki/Extraordinary_assumptions...

    In the field of real estate appraisal, extraordinary assumptions and hypothetical conditions are two closely related types of assumptions that are made as predicating conditions of an appraisal problem. Under the Uniform Standards of Professional Appraisal Practice (USPAP), they are two of the assignment conditions on which an appraisal ...