Illustrations (AO-27)

Example A - Litigation

An appraiser performs an appraisal for a client involved in litigation and then is requested to appraise the same property for the opposing party.  Is accepting the assignment for the second client prohibited by USPAP?

Answer

Example B – Competing Banks

If an appraiser has appraised a property for Bank A and then is approached by Bank B to appraise the same property, does USPAP prohibit acceptance of the second assignment?

Answer

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