The ASB has just released its 3rd Exposure Draft on revisions to become effective with the 2010-2011 edition of USPAP. The comment deadline for the Exposure Draft is March 27, 2009.

Topics covered include:

§ Definition of “Assignment"

§ Definition of “Signature"

§ Definition of “Jurisdictional Exception” and revisions to the JURISDICTIONAL EXCEPTION RULE

§ The ETHICS RULE

§ The COMPETENCY RULE

§ STANDARD 3, Appraisal Review, Development and Reporting

Click here to view a copy of the Exposure Draft. You can send your comments via email to comments@appraisalfoundation.org . Any questions on the Exposure Draft or the work of the ASB can be directed to Carrie Composto (carrie@appraisalfoundation.org ).