FREQUENTLY ASKED QUESTIONS
42. Disclosure of assignment results to state appraiser board
|
Question: |
A new state law requires all real estate appraisers in my area to regularly submit a log to the State Appraiser Board reporting the address of properties appraised along with the value opinion. Does this violate the confidentiality requirements in USPAP?
|
|
|
Response: |
No. This does not violate USPAP.
|
|
|
|
The Confidentiality section of the ETHICS RULE states, in part:
|
|
|
|
|
An appraiser must not disclose confidential information or assignment results prepared for a client to anyone other than the client and persons specifically authorized by the client; state enforcement agencies and such third parties as may be authorized by due process of law… (Bold added for emphasis)
|
|
|
Disclosure of assignment results to the state board, or to any other entity required by law, is specifically permitted. |
|
USPAP 2008–2009 Edition
©The Appraisal Foundation