States are not necessarily contradicting the decision of the ASB if they find usage of AI Ready is a USPAP violation. It would depend on what portion of USPAP is cited as being a problem. USPAP has reference to outside rules, such as a requirement to obey laws:Also, when AI and FNC developed the AIReady concept they had extensive communications with the ASB to ensure that it was not contrary to USPAP. So, if a state board decides that an appraiser’s use of AIReady is a USPAP violation, they will be contradicting the ASB’s decision.
If the state found use of AI Ready violates a state law, it would also be finding use of AI Ready violates USPAP. That little part of the conduct section of the ethics rule means USPAP does not require the same thing in every state.An appraiser must not engage in criminal conduct.
(3) the term `digital signature' means a mathematically generated mark utilizing asymmetric key cryptography techniques that is unique to both the signatory and the information signed;
The lines on the copyright issue have been drawn, people have taken sides, and until there is case law it is unlikely that either side can be persuaded to deviate from their current position. This will be decided in court. I have my views, but stating them here is pointless.
On the other hand, there has been relatively little discussion on this Forum about digitaigal signatures - at least not about real digital signatures. Looking at the Digital Signature Act is eye opening.
As most are delivered today, appraisal reports actually contain no digital signature - at least not as defined by that law. Surprise!!
The law states, in part,
If you use Verisign, or some other similar service, you are applying a digital signature. If you only apply a graphical presentation of your hand-written signature, well that meets the definition in USPAP, but not the definition in the law, (even if you use a password to apply it). If one's signature does not meet the requirements expressed in the law, it seems unlikey that law will offer any "protection."
If a document has a true digital signature the recipient can easily verify its authenticity.
For years we have worked under a false illusion of security. I have been looking for years for an economically viable true digital signature, and I am glad some companies are finally addressing this need for appraisers with products like Matrix, PinCert, etc.
Right now almost all appraisal reports are very vulnerable, especially those generated by software that allows the end user to generate the "signature".
A false illusion of security. Odd, that in 2000 when I shopping for Y2K compliant software, pdf, LOCKED, secured, internet delivered appraisal reports per USPAP, FIREA, etc that was pitched to me was misleading? Or was I just stupid when I believed them?