Appraiser's Benefit with "The Personal Property Appraiser's Guide to USPAP" Finally! A plain-English explanation of the Uniform Standards of Appraisal Practice (USPAP) designed specifically for the personal property appraiser!
"The Personal Property Appraiser's Guide to USPAP"
by David J. Maloney, Jr., AOA CM
Whether or not you have attended the 15-hour National USPAP Course, this book is for you.
Typical of his writing style, author, educator and veteran appraiser David Maloney presents USPAP in a well-organized, easily-understood and thoughtful fashion. Graduates of the National USPAP Course will find this fully-indexed book a valuable reference tool which clarifies USPAP issues often misunderstood even by long-time appraisers. For beginning appraisers and those who have yet to attend the 15-hour National USPAP Course, "The Personal Property Appraiser's Guide to USPAP" is a must-have. It will explain USPAP and the appraiser's USPAP obligations in easy-to-understand language which will help appraisers practice at the highest level of professionalism. From the history of The Appraisal Foundation and the structure of USPAP to the appraiser's USPAP compliance obligations and even a USPAP-compliant sample appraisal, this single, unique book has it all.
For two decades, USPAP has been the premier as well as the only nationally-accepted standard for appraisers of all disciplines, but recently its significance to the personal property appraiser has been escalating dramatically. Appraisers need to be aware that USPAP now plays a greater role than ever before in their professional practice. Here are some examples of what's been happening:
- Virtually all major personal property appraisal societies now mandate member compliance with USPAP.
- The IRS has now all but said "Comply with USPAP!" when doing non-cash charitable contribution appraisals.
- The Appraisal Foundation's Appraiser Qualifications Board recently issued a personal property version of the 15-hour National USPAP Course student manual!
For those like Maloney who were around twenty years ago when USPAP was in its infancy and of necessity focusing primarily on the real property appraisal discipline, this is indeed a dramatic and welcomed evolution.
"It can be no plainer," said Maloney. "Personal property appraisers need to learn USPAP and to comply with USPAP in every appraisal practice assignment they perform."
"The Personal Property Appraiser's Guide to USPAP" is a thorough and fully-indexed guidebook to USPAP that will help personal property appraisers better comprehend USPAP's significance, the ease with which they can comply with USPAP, and the positive impact doing so will have not only on improving their performance as appraisers but also on maintaining the public's trust and confidence in the profession of appraising.
This book is meant to be used in conjunction with the current edition of USPAP. "The Personal Property Appraiser's Guide to USPAP" makes frequent reference to suggested readings from USPAP that have direct bearing on appraisal practice as it pertains specifically to the personal property appraiser. Obtain a copy of USPAP directly from The Appraisal Foundation at http://www.appraisalfoundation.org.
"The Personal Property Appraiser's Guide to USPAP" by David J. Maloney, Jr., AOA CM (Appraisers Press 2009), 76 pages, fully indexed, 8 1/2" x 11", $19.90. Perfect bound ISBN 978-0-9794738-4-5. Preview and order book at http://www.lulu.com/content/5770350.
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