[Jewelry making - Article 00804] - Re: [Orchid] Appraiser liability

[Elaine Luther]

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    Of course the appraiser is liable, just as a lawyer would be. That's
    why appraisers don't give opinions at parties, when people whip out
    their papers and say, what do you think of this? And it's a red blob
    of something and the room is really dark. Why? Because a "reasonable
    person" would rely upon the advice of the appraiser, believing them
    to be qualified to speak on the subject. 

    Liability is a basic part of the appraiser's training and the
    appraiser at your store should know the answer to that question
    already. 

    The topic is covered in training from ISA, ASA and I'm sure in the
    USPAP course as well. 

    USPAP = Uniform Standards for Professional Appraisal Practice 
    ISA = International Society of Appraisers 
    ASA = American Society of Appraisers 

    http://www.isa-appraisers.org
    http://www.appraisers.org
    http://www.appraisalfoundation.org 

Elaine

Elaine Luther
Metalsmith, Certified PMC Instructor
http://www.CreativeTextureTools.com (TM)
Hard to Find Tools for Metal Clay

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