International Society of Appraisers

MAY 13, 2025

5/13/2025 12:00:00 AM Determining fair market value (FMV) can be a complex process, as it is highly dependent on the specific facts and circumstances surrounding each appraisal assignment. IRS Publication 561, Determining the Value of Donated Property , is the best starting point for guidance on determining fair market value.

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Market Value Appraiser/appraisal Sale Condition 52

International Society of Appraisers

MAY 13, 2025

5/22/2025 12:00:00 AM Fair market value (FMV) is foundational in Canadian personal property appraisals prepared for charitable donations, estate administration, and cultural property certification applications. This means a consistently achieved market price, not an unusually high one-off sale. See Part I here.

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Appraiser/appraisal Market Value Valuation Tax Liabilities 40

International Society of Appraisers

JANUARY 17, 2025

1/17/2025 12:00:00 AM Q: Is it still 2024 USPAP even though we are in 2025? You do not write it as “2024-2025 USPAP” Remember, we are USPAP Compliant (not certified) Q: I am working on a non-cash charitable contribution appraisal report and am confused about my effective date.

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Appraiser/appraisal Appraisal Reports Market Value Fine Art 52