FREQUENTLY ASKED QUESTIONS
72. client cannot be identified
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Question: |
I was recently asked to perform an appraisal assignment but the individual that contacted my firm was not the client and indicated that the client could not be identified. Can I accept this assignment and comply with USPAP?
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Response: |
No. Standards Rule 1-2 states, in part:
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In developing a real property appraisal, an appraiser must:
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(a) |
identify the client and other intended users;…
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This does not preclude a third party, acting as an agent for the client, from ordering the appraisal; however, the appraiser must be able to identify the client. Refer to STATEMENT No. 9, Identification of Intended Use and Intended Users, for further clarification. |
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USPAP 2008–2009 Edition
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