What Are the Professional Standards for Appraisers?
If an appraiser is licensed or certified by the state in which they conduct business, they are required to adhere to the Uniform Standards of Professional Appraisal Practice, which are determined by The Appraisal Foundation. The Appraisal Foundation is the nonprofit organization that establishes the Uniform Standards of Professional Appraisal Practice as well as the educational requirements for state licensed and certified appraisers.