USPAP 2018-2019 Edition
© The Appraisal Foundation
STANDARDS RULE 4-3
Each written Appraisal Review Report must contain a signed certification that is similar in content to the
I certify that, to the best of my knowledge and belief:
— the statements of fact contained in this report are true and correct.
— the reported analyses, opinions, and conclusions are limited only by the reported assumptions and
limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and
— I have no (or the specified) present or prospective interest in the property that is the subject of the work
under review and no (or the specified) personal interest with respect to the parties involved.
— I have performed no (or the specified) services, as an appraiser or in any other capacity, regarding the
property that is the subject of the work under review within the three-year period immediately preceding
acceptance of this assignment.
— I have no bias with respect to the property that is the subject of the work under review or to the parties
involved with this assignment.
— my engagement in this assignment was not contingent upon developing or reporting predetermined
— my compensation is not contingent on an action or event resulting from the analyses, opinions, or
conclusions in this review or from its use.
— my compensation for completing this assignment is not contingent upon the development or reporting
of predetermined assignment results or assignment results that favors the cause of the client, the
attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended
use of this appraisal review.
— my analyses, opinions, and conclusions were developed and this review report was prepared in
conformity with the
Uniform Standards of Professional Appraisal Practice
— I have (or have not) made a personal inspection of the subject of the work under review. (If more than
one person signs this certification, the certification must clearly specify which individuals did and which
individuals did not make a personal inspection of the subject of the work under review.) (For reviews
of a business or intangible asset appraisal assignment, the inspection portion of the certification is not
— no one provided significant appraisal or appraisal review assistance to the person signing this
certification. (If there are exceptions, the name of each individual(s) providing appraisal or appraisal
review assistance must be stated.)
Comment: A signed certification is an integral part of the Appraisal Review Report. A reviewer who signs any
part of the appraisal review report, including a letter of transmittal, must also sign the certification.
Any reviewer who signs a certification accepts responsibility for all elements of the certification, for the
assignment results, and for the contents of the Appraisal Review Report.
Appraisal review is distinctly different from the cosigning activity addressed in Standards Rules 2-3, 6-3, 8-3,
and 10-3. To avoid confusion between these activities, a reviewer performing an appraisal review must not
sign the work under review unless he or she intends to accept responsibility as a cosigner of that work.
When a signing appraiser has relied on work done by appraisers and others who do not sign the certification,
the signing appraiser is responsible for the decision to rely on their work. The signing appraiser is required to
have a reasonable basis for believing that those individuals performing the work are competent. The signing
appraiser also must have no reason to doubt that the work of those individuals is credible.