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Explaining the exclusion of approaches, coming in below contract price, and being ‘USPAP Certified’
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The Appraisal Foundation’s Appraisal Standards Board has issued a new set of USPAP Q&As to clarify USPAP guidance regarding the need to explain the exclusion of any of the three approaches to value in a report, having a value that comes in below the contract price, and how being ‘USPAP Certified’ is misleading. Keep reading for the details.
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