What does the report consist of?

A report should be well written, to the point, and precise. You will want to make sure the appraiser is performing a report that is USPAP (Uniform Standards of Professional Appraisal Practice) compliant. The standard items below should be included in the report:

Who the users are:

  • Reasoning behind the use of the appraisal
  • Value definition
  • Date upon which evaluation is effective
  • Date appraisal was administered
  • Explain the scope of work performed
  • What the use of the equipment is
  • USPAP certification, including signature of appraiser

Displine Certifications

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