Standards Rule 6-1

 

In developing a mass appraisal, an appraiser must:
 

(a)

be aware of, understand, and correctly employ those recognized methods and techniques necessary to produce a credible mass appraisal;
 

 

Comment: Mass appraisal provides for a systematic approach and uniform application of appraisal methods and techniques to obtain estimates of value that allow for statistical review and analysis of results.

 

This requirement recognizes that the principle of change continues to affect the manner in which appraisers perform mass appraisals. Changes and developments in the real property and personal property fields have a substantial impact on the appraisal profession.

 

To keep abreast of these changes and developments, the appraisal profession is constantly reviewing and revising appraisal methods and techniques and devising new methods and techniques to meet new circumstances. For this reason it is not sufficient for appraisers to simply maintain the skills and the knowledge they possess when they become appraisers. Each appraiser must continuously improve his or her skills to remain proficient in mass appraisal.

 

(b)

not commit a substantial error of omission or commission that significantly affects a mass appraisal; and

 

 

Comment: An appraiser must use sufficient care to avoid errors that would significantly affect his or her opinions and conclusions. Diligence is required to identify and analyze the factors, conditions, data, and other information that would have a significant effect on the credibility of the assignment results.

 

(c)

not render a mass appraisal in a careless or negligent manner.

 

 

Comment: Perfection is impossible to attain, and competence does not require perfection. However, an appraiser must not render appraisal services in a careless or negligent manner. This Standards Rule requires an appraiser to use due diligence and due care.

 

 

 

 

 

TABLE OF CONTENTS

 

 

USPAP 2008–2009 Edition
©The Appraisal Foundation