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USPAP 2018-2019 Edition

© The Appraisal Foundation

STANDARD 6: MASS APPRAISAL, REPORTING

In reporting the results of a mass appraisal, an appraiser must communicate each analysis,

opinion, and conclusion in a manner that is not misleading.

Comment: STANDARD 6 addresses the content and level of information required in a report

that communicates the results of a mass appraisal.

STANDARD 6 does not dictate the form, format, or style of mass appraisal reports. The form, format, and style

of a report are functions of the needs of intended users and appraisers. The substantive content of a report

determines its compliance.

STANDARDS RULE 6-1

Each written report of a mass appraisal must:

(a) clearly and accurately set forth the appraisal in a manner that will not be misleading;

(b) contain sufficient information to enable the intended users of the appraisal to understand the report properly;

and

Comment: Documentation for a mass appraisal for ad valorem taxation may be in the form of (1) property

records, (2) sales ratios and other statistical studies, (3) appraisal manuals and documentation, (4) market

studies, (5) model building documentation, (6) regulations, (7) statutes, and (8) other acceptable forms.

(c) clearly and accurately disclose all assumptions, extraordinary assumptions, hypothetical conditions, and

limiting conditions used in the assignment.

Comment: The report must clearly and conspicuously:

• state all extraordinary assumptions and hypothetical conditions; and

• state that their use might have affected the assignment results.

STANDARDS RULE 6-2

Each written report of a mass appraisal must:

(a) state the identity of the client, unless the client has specifically requested otherwise; state the identity of

any intended users by name or type;

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Comment:  An appraiser must use care when identifying the client to avoid violations of the Confidentiality section

of the ETHICS RULE.  If a client requests that the client’s identity be withheld from the report, the appraiser may

comply with this request.  In these instances, the appraiser must document the identity of the client in the workfile

and must state in the report that the identity of the client has been withheld at the client’s request.

(b) state the intended use of the appraisal;

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(c) disclose any assumptions or limiting conditions that result in deviation from recognized methods and

techniques or that affect analyses, opinions, and conclusions;

(d) state the effective date of the appraisal and the date of the report;

Comment: In ad valorem taxation the effective date of the appraisal may be prescribed by law. If no

effective date is prescribed by law, the effective date of the appraisal, if not stated, is presumed to be

contemporaneous with the data and appraisal conclusions.

62 See Advisory Opinion 36,

Identification and Disclosure of Client, Intended Use, and Intended Users.

63 See Advisory Opinion 36,

Identification and Disclosure of Client, Intended Use, and Intended Users.

See also

FAQ 242-

304

FAQ

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