Question:

Which Standards and Standards Rules apply to developing an appraisal?

Response:

“Developing an appraisal” is one part of the development and reporting steps. STANDARD 1 and Standards Rules 1-1 through 1-6 apply to developing a real property appraisal. STANDARD 6 and Standards Rules 6-1 through 6-7 apply to developing a mass appraisal.  STANDARD 7 and Standards Rules 7-1 through 7-6 apply to developing a personal property appraisal. STANDARD 9 and Standards Rules 9-1 through 9-5 apply to developing a business appraisal.