This issue includes a guide for producing IVS compliant appraisals. It also discusses the “art” of appraising, estimating economic obsolescence, airport inventory, and ethics in teaching Beta and CAPM.
This article addresses what the Inutility Formula is, and just as importantly what it is not. Economic Obsolescence (“EO”) can be due to a variety of factors.
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Mark Chaplin, CFA, ASA and Patrick Prendergas
This document describes additional steps to be taken by appraisers already accustomed to providing USPAP-compliant appraisals to make their valuations IVS-compliant.
According to the author - NO. It is crystal clear that CAPM and its Betas do not explain anything about expected or required returns and there are mountains of evidence to support this stance.
Insights into why the practice of referring to appraisals and appraisal review as an "art" can be problematic, especially when we’re providing appraisals to the legal community.
