Question:

I have been asked to perform an appraisal that complies with USPAP and with valuation standards from an international appraisal organization.  If my appraisal complies with USPAP, will it “automatically” comply with other valuation standards as well?

Response:

No. Although there are similarities between all major appraisal standards, it is impossible to say that compliance with USPAP ensures compliance with any other standards.  It would be necessary to review the actual content of the valuation standards in question to determine whether different actions would be necessary to comply with those standards.