Question:

Some of my clients include a condition in engagement correspondence that addresses future assignments for the same subject property.  Specifically, my acceptance of the assignment requires that I agree to obtain client approval before I accept future assignments related to the subject from another party.  Advisory Opinion 27, Appraising the Same Property for a New Client states that USPAP does not require a release to accept the new assignment.  Can I accept assignments where the client requires a release for future assignments related to the subject?

Response:

Yes.  Appraisers are often subject to agreements that exceed the requirements of USPAP.  These additional client requirements are permissible so long as they do not conflict with the requirements of USPAP.  Although USPAP does not require obtaining approval from a prior client before accepting an assignment to appraise the same property for a new client, a client can establish such a requirement.