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Uspap addendum form 2025

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This document is an appraisal report for the property located at 29903 Harvester Rd, Malibu, CA, prepared by appraiser Chuck Roberts. The report aims to determine the market value of the property for the lender, EValue8 America. It includes details about the property's characteristics, neighborhood analysis, comparable sales data, and a summary of the appraisal methods used. The estimated market value of the property is $945,000 as of May 9, 2013. The report emphasizes that it is intended solely for the specified lender and should not be relied upon by any other parties.

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Click ‘Get Form’ to open the uspap addendum form in the editor.
Begin by entering the Borrower/Client information, including their unique identifier and contact details.
Fill in the Property Address section with accurate details such as street address, city, county, state, and zip code.
In the Lender section, input the name of the lending institution along with any relevant contact information.
Clearly state the Purpose of the appraisal report. This should reflect your intent based on market value assessments.
Complete the Scope section by detailing any specific conditions or limitations that apply to this appraisal.
Provide a comprehensive History of Property, including current listings and prior sales data as required.
Review all sections for accuracy before saving or sharing your completed form using our platform’s features.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is an USPAP addendum?

The USPAP addendum is an additional document that accompanies an appraisal report, providing supplementary information about the appraisal process and the appraisers credentials.

What are the two options for appraisal reports based on USPAP?

An appraiser must comply with USPAP when obligated by law or regulation, or by agreement with the client or intended users. In addition to these requirements, an individual should comply any time that individual represents that he or she is performing the service as an appraiser.

Who makes revisions to USPAP?

USPAP is updated on an as needed basis by the Appraisal Standards Board (ASB). Any updates follow the release of exposure drafts of proposed changes and a public vote.

What is an USPAP compliant appraisal?

The Uniform Standards of Professional Appraisal Practice (USPAP) are the national standards for real estate appraisal and other types of appraisal services including personal property, business valuation, and mass appraisal.

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