DEPARTURE
RULE
Thesis: The departure rule provided under the
USPAP intends certain limitations and exceptions
for an effective usage and easy understanding
of the appraisals. However, it is important to
report for any modification or justification related
to the appraisal for the departure rule that limits
the working of appraisal in specific areas.
Introduction
Departure rule basically is a rule that allows
certain exceptions from the sections of the Uniform
Standards. Though these are not any binding requirements
but are specific requirements. However, the appraiser
is entitled to the burden of proof before accepting
any assignment. The appraiser is also responsible
to invoke the Rule related to the scope of the
work and make conclusions and opinions. Where
the scope of work applied needs to be convincing
for his opinions and conclusions. However, in
case of burden of disclosure, the appraiser has
to report if any departure from the specific requirements.
Departure Rule and USPAP
USPAP stands for “The Uniform Standards
of Professional Appraisal Practice” it is
basically a document that is planned to guide
appraisers for their practice in their specific
professional tasks. It also guides the users of
appraisal services for a better and transparent
understanding of the appraisal process. Moreover,
it also intends to provide the minimum standards
for practicing appraisals. However, it is very
important to confirm the given standards in regard
to appraisal preparation, documentation and reporting.
This is important to check the compatibility among
the standards and the appraisal industry of the
prevailing USPAP.
Therefore, a complete appraisal as defined by
the USPAP is important to be in accordance to
the standards provided by USAP. Where the recognition
of the value problems of a private property that
governments needs is important to be in accordance
to the very standards of USPAP. Furthermore, appraisal
at times also encounters some specific problems
that are removed via modification of the appraisal
process. But any justification for the modification
of an appraisal is required to be reported to
the USPAP appraisal report.
Nonetheless, the USPAP also has limited information
in some specific areas therefore; a report cannot
constantly be reviewed as it is in government
land acquisition appraisals. In such cases the
intended user of the report is also restricted
to the client only. So this is a condition limiting
the government land acquisition appraisal as it
is expected that the court, legislators or other
land owners to depend on such appraisal reports.
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