Each domain appraisal is designed to comply with appraisal US and global appraisal standards

In order to produce a valuation report with recognition in integrity and professionalism,, the template for our practices as well as a general code of ethics will be adopted from the American Society of Appraisers (ASA) and the Uniform Standards of Professional Appraisal Practice (USPAP) from the Appraisal Standards Board (ASB)

In essence, DomainConsultant appraisers will perform voluntary compliance with their stated standards. We recognize the need to adhere to accepted standards as well as the beneficial increase in controls and balances it places on the service.

Specifically, compliance will focus on the ASA’s Principles of Appraisal Practice and Code of Ethics and ETHICS CONTROLS from the Uniform Standards of Professional Appraisal Practice (USPAP) set forth by the Appraisal Foundation and the ASB.

ASA standards apply primarily to our APPRAISERS; USPAP primarily to APPRAISAL and Rating Report.

For more information concering USPAP compliance, visit USPAP Compliance, Definitions and The Competency Rule

Here are highlights from the most relevant sections and standards from the ASA Principles of Appraisal Practice and Code of Ethics code - we will strive to comply with, using them as significant best practice requirements.

2.2 Objective Character of the Results of an Appraisal Undertaking
The primary objective of a monetary appraisal, is determination of a numerical result, either as a range or most probable point magnitude—the dollar amount of a value, the dollar amount of an estimated cost, the dollar amount of an estimated earning power. This numerical result is objective and unrelated to the desires, wishes, or needs of the client who engages the appraiser to perform the work. The amount of this figure is as independent of what someone desires it to be as a physicist’s measurement of the melting point of lead or an accountant’s statement of the amount of net profits of a corporation. All the principles of appraisal ethics stem from this central fact.

3.4 Appraiser’s Obligation to Attain Competency and to Practice Ethically
In order to meet his obligations, the appraiser must be competent in his field. This competency he attains by education, training, study, practice, and experience. He must also recognize, understand, and abide by those ethical principles that are interwoven with and are an essential part of truly professional practice.

6.9 Inspection, Investigation, Analysis, and Description of Subject Property
The valuation of a property is a procedure based on an analysis of all the characteristics of the property which contribute to or detract from its value; good appraisal practice requires that the appraiser’s inspection, investigation, and study be thorough enough to uncover all of the pertinent characteristics.

6.10 Collaboration Between Appraisers and Utilization of the Services of Members of Other Professions
Collaboration between appraisers is desirable, in some situations, to expedite the completion of work and, in other situations, to obtain the benefits of combined judgment or combined data.

7.3 Disinterested Appraisals
The Society declares that, subject to the provision for disclosure given in the following paragraph, it is unethical and unprofessional for an appraiser to accept an assignment to appraise a property in which he has an interest or a contemplated future interest.

It Is imperative for DomainConsultant to follow USPAP/ ASA standards to create uniformity with appraisals across all industries and property sectors both tangible and intangible.
It will also provide our service with fundamental best practices - strictly enforced and performed by admin, appraisers and peripheral players involved in the process.

The above code sections are but highlights of a far more extensive set of practices and guidelines adapted unilateral creation standards across appraisal categories.

For full principles and code, visit http://www.appraisers.org and http://www.appraisalfoundation.org


DomainConsultant appraisers have adopted the principles, practices and code of ethics of the American Society of Appraisers (ASA) and the USPAP
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