Client Expectations (AO-27) 

At times, an appraiser’s client may believe that his or her legitimate business intent could be harmed by that appraiser providing an appraisal of the subject property of that assignment to another client.  In such cases, the client and the appraiser may stipulate in their service agreement the conditions under which the appraiser may or may not appraise the same subject property.  A client involved in litigation may stipulate that the appraiser cannot appraise a subject property for the opposing party in that litigation.  As another example, if an appraiser is providing the value of a property to a client who is planning to sell that property in an auction, the appraiser and client may agree that the appraiser will not appraise the same property for a party planning to participate in the bidding process.

 

  

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USPAP 2008–2009 Edition
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