Certified Personal Property Appraisals
Personal Property Appraisals
In an ongoing effort to better serve the needs of our clients, Michael Hoffman recently achieved the GPPA designation which deals with personal property appraisals. The National Auctioneers Association created the Graduate Personal Property Appraiser (GPPA) professional designation to provide Auctioneers with custom education that enhances their appraisal skills and knowledge. The GPPA program teaches students the responsibilities of being an appraiser and provides them advanced training in Uniform Standards of Professional Appraisal Practice (USPAP) guidelines.
The Financial Institutions Reform, Recovery and Enforcement Act of 1989 recognizes USPAP as the generally accepted appraisal standards and requires USPAP compliance for appraisers in federally related transactions. State Appraiser Certification and Licensing Boards; federal, state, and local agencies, appraisal services; and appraisal trade associations require compliance with USPAP.
Our valuation services are designed to assist heirs, personal representatives, trust officers, attorneys, etc. to determine the value of their personal property assets.
We are able to produce USPAP compliant appraisal reports for:
Estate Tax Appraisals