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USPAP Question

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Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
It doesn't. But try to convince some of them that. They will claim a jurisdictional exception. :rolleyes:
 

yvonne dill

Sophomore Member
Joined
Jan 21, 2003
That would depend on the context of what duties the government employee is performing. Please specify.
 

Dennis J. Black ASA IFAS

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Joined
Mar 5, 2002
Professional Status
Certified General Appraiser
State
Florida
John,

I am in Florida and may be able to shed some light on your situation. To what government agency are you referring?
 

Restrain

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Jan 22, 2002
Professional Status
Certified General Appraiser
State
Florida
The bottom line is that the departure provision of USPAP is enough for any governmental agency to claim a jurisdictional exemption. Also, USPAP is not a government control, but rather a set of GUIDELINES issued by ASB, which is not a government entity per se for appraisers primarily for FEDERALLY FUNDED LENDING. As such, there are a lot of occasions where appraising will depart from USPAP. This can lead to problems such as occurred with BLM, but that's just life.

Roger
 

Fred

Elite Member
Joined
Jan 15, 2002
Professional Status
Retired Appraiser
State
Virgin Islands
On the original question the ASB cannot compel any one to comply with USPAP, nor can they exempt anyone from compliance. The USPAP document does point out that you can be compelled to comply by law or regulation, required to comply by agreement (with client or intended users), or you can comply voluntarily.

It is my understanding that Florida is strict. If you are licensed, you must comply with the current edition, by law.
 
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