Within its announcement, ASB Chair Wayne Miller noted that this “will provide more continuity to the profession during the pandemic, while also giving the ASB the appropriate time to carefully examine the challenges facing our profession before offering additional guidance.”
To no surprise, this recent extension has also led to many questions from appraisers and others about how it will affect USPAP’s traditional requirements. As a result, The Appraisal Foundation has created a special FAQ to help provide more clarity of what’s expected.
For all the details, check out the FAQ here.
Source:
The Appraisal Foundation – appraisalfoundation.org
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