March 31-April 2, Chicago, IL Personal property appraisers from around the country will meet in Chicago March 31st for a 3-Day Symposium covering Insurance Appraisals and Fair Value. This conference will provide guidance to appraisers on what they need to do to be in compliance with assignments that come under the jurisdiction of the Financial …
Category Archive: News
Feb 04
Privacy Statements for Personal and Real Property
Informs the client and intended users what they should expect from the appraiser Complies with the Graham-Leach-Bliley Act of November 1999 The Federal Trade Commission issued a rule as a result of the law that focused on the protection of “non-public personal information” provided by consumers to those involved in financial activities “found to be …
Feb 04
Fair Market Value Definitions for IRS-Related Appraisals per the Code of Federal Regulations (CFR)
Click here to read more about Fair Market Value
Feb 04
Reaccreditation Guide / Booklet
This is the latest version of the Reaccreditation Booklet/Guide from ASA. To read or print the PDF, click here.
Feb 04
Ethics Update
ASA’s Board of Governors recently approved a resolution updating the ASA Principles of Appraisal Practice and Code of Ethics to align with the new 2010-11 Uniform Standards of Professional Appraisal Practice (USPAP) requirement for appraisers to disclose, up front to prospective clients, any involvement the appraiser might have had with the property within the past …
Feb 04
ASA Granted Expanded USPAP Options
(ASA Fast Read dated Jan 11, 2010) In a letter dated January 5, 2010, The Appraisal Foundation officially granted ASA’s request to allow BV, GJ, MTS, and PP appraisers subject to USPAP the following options for meeting USPAP continuing education requirements: Successful completion of the 15-Hour National USPAP Course and pass the associated 15-Hour National …
Feb 04
IRS Information from the Art Advisory Panel
Photographic Requirements for Art, Antiques, Decorative Arts & Other Cultural Properties Reviewed by Art Appraisal Services and The Commissioner’s Art Advisory Read the PDF: http://www.irs.gov/pub/irs-utl/art_appraisal_services_photographic_requirements.pdf Preferred Object Identification Format for Art, Antiques, Decorative Arts & Other Cultural Properties Valued Over $20,000 Read the PDF: http://www.irs.gov/pub/irs-utl/appraisal_item_format.pdf
Feb 04
New IRS Requirements for Charitable Contributions From Sandie Tropper, Chair, Personal Property Committee
For all your appraisals being completed for 2008 non-cash charitable contributions, you must include and sign a declaration included in the IRS proposed regulations. To find the required declaration, please see page 45916, left column, middle of the page. The paragraph is labeled Appraiser Declaration. (For a full copy of the proposed regulations, go to the IRS website: …
Feb 04
IMPORTANT – USPAP Information
For information about a local USPAP 15 hour course in January, see our Calendar page. For the latest Reaccreditation and USPAP Requirements, have your ASA login and password handy and follow this link: http://www.appraisers.org/members/reaccreditation/reaccred.pdf
Feb 04
ASA MEMBERS TO PRESENT LECTURE ON MULTIDISCIPLINE APPRAISAL OF NEW YORK CITY’S HISTORIC MASONIC HALL
Download the full release from here May 1, 2008 Press contact: Sally Mallison – (703) 733-2111 WASHINGTON, D.C.—On the evening of May 15, the American Society of Appraisers (ASA) and the Royal Institution of Chartered Surveyors (RICS) will hold a joint meeting of all their metropolitan chapters at the historic Grand Lodge building, Masonic Hall, …