USPAP 2018-2019 Edition
© The Appraisal Foundation
when an opinion of the appropriate market or market level was developed by the appraiser, state
(xi) clearly and conspicuously:
• state all extraordinary assumptions and hypothetical conditions; and
• state that their use might have affected the assignment results; and
(xii) include a signed certification in accordance with Standards Rule 8-3.
STANDARDS RULE 8-3
Each written personal property appraisal report must contain a signed certification that is similar in content to
the following form:
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 this report
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 this report 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 this report or to the parties involved with
— my engagement in this assignment was not contingent upon developing or reporting predetermined
— my compensation for completing this assignment is not contingent upon the development or reporting
of a predetermined value or direction in value that favors the cause of the client, the amount of the value
opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to
the intended use of this appraisal.
— my analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity
Uniform Standards of Professional Appraisal Practice
— I have (or have not) made a personal inspection of the property that is the subject of this report. (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 appraised property.)
— no one provided significant personal property appraisal assistance to the person signing this certification.
(If there are exceptions, the name of each individual providing significant personal property appraisal
assistance must be stated.)
Comment: A signed certification is an integral part of the appraisal report. An appraiser who signs any part
of the appraisal report, including a letter of transmittal, must also sign this certification. In an assignment that
includes only assignment results developed by the personal property appraiser(s) from the same personal
property specialty, any appraiser(s) who signs a certification accepts full responsibility for all elements of
the certification, for the assignment results, and for the contents of the appraisal report. In an assignment
involving appraisers with expertise in different specialties (e.g., antiques, fine art, or machinery and
equipment), an appraiser who signs the certification may accept responsibility only for the elements of the
certification, assignment results, and report contents specific to the appraiser’s specialty. The role of each
appraiser signing the certification must be disclosed in the report.
91 See Advisory Opinion 2,
Inspection of Subject Property